Cup Breakout.
Now taken support at 9EMA with volume.
Stochastic and RSI as per rules.
ATR is low.
Possible for a 100 Rs move.
Two things.
Can enter now with 21 EMA as stop loss but watch 1160 levels.
That is approximately last 100 day high.
Once crossed then 1250 is possible.
If the previous cup in picture gave a 100 rs move.
Probability should high for another 100 rs move.
Now taken support at 9EMA with volume.
Stochastic and RSI as per rules.
ATR is low.
Possible for a 100 Rs move.
Two things.
Can enter now with 21 EMA as stop loss but watch 1160 levels.
That is approximately last 100 day high.
Once crossed then 1250 is possible.
If the previous cup in picture gave a 100 rs move.
Probability should high for another 100 rs move.