BLUEDART - Cup and Handle—Breakout -Daily
BLUEDART - Cup and Handle—Daily
Upward Trend Line:
Indicates a general increase in price over time.
Neckline - 8995 => exit:
Suggests a potential exit point at the price level of 8995.
Breakout with Very High Volume:
Indicates a significant price movement accompanied by high trading volume, which often confirms the strength of the breakout.
For a potential price target of 12,555.
This analysis suggests that the price has broken out of a previous resistance level with strong volume and may continue to rise, potentially reaching the 12,555 level. However, always consider other factors and conduct further research before making any trading decisions
Upward Trend Line:
Indicates a general increase in price over time.
Neckline - 8995 => exit:
Suggests a potential exit point at the price level of 8995.
Breakout with Very High Volume:
Indicates a significant price movement accompanied by high trading volume, which often confirms the strength of the breakout.
For a potential price target of 12,555.
This analysis suggests that the price has broken out of a previous resistance level with strong volume and may continue to rise, potentially reaching the 12,555 level. However, always consider other factors and conduct further research before making any trading decisions
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