CUP & HANDLE PATTERN FORMATION ON MONTHLY CHART
On the monthly chart stock has near to forming cup& handle pattern pattern.
Any monthly close above 3240 will turn stock for fresh upside movement. The upside target seems around 4500---4700 levels in the coming months.
Support and stop loss below 2700 levels on a closing basis.
Any monthly close above 3240 will turn stock for fresh upside movement. The upside target seems around 4500---4700 levels in the coming months.
Support and stop loss below 2700 levels on a closing basis.
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