Rounding Bottom, Cup and Handle, Double Bottom all rolled into one chart on ITC (weekly basis).
The depth of the cup is around 80. That means it should go till 240+80=320 once the breakout is achieved.
Strategy: Buy levels:195-210 (due to recent Rs 5 Dividend). Hold till atleast 300. Time Frame:1-6 Months
(Only for illustration purposes. No buy/sell advice.)
The depth of the cup is around 80. That means it should go till 240+80=320 once the breakout is achieved.
Strategy: Buy levels:195-210 (due to recent Rs 5 Dividend). Hold till atleast 300. Time Frame:1-6 Months
(Only for illustration purposes. No buy/sell advice.)