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NeeteshJain

Mcleod Russel - Cup N Handle Measurement (Educational Example)

MCLEOD RUSSEL INDIA LTD. (BSE:MCLEODRUSS)  
NeeteshJain  
BSE:MCLEODRUSS   MCLEOD RUSSEL INDIA LTD.
cupnhandle formation educational
11
4
cupnhandle formation educational
It is been observed on the Hourly Chart that the price action forms a U shape Cup and a channel shape "Handle" in order to complete the a cup-handle pattern. Measurement is the interesting part of it as it is been respected accurately.

I hope it adds value to your trading experience.

Regards

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