Cup and handle formation on weekly chart
Aurionpro Solution has formed cup & handle on its weekly chart to go long
Imp points :
1. It has made a new 52 wk high with more than average recent weekly volume.
2. It has now entered into the zone which has acted as demand zone multiple times earlier.
3. Long wick formation.
The handle of weekly chart is forming another cup and handle on daily chart too and has given a breakout with higher volume too.
Entry - 90.5
Target - 111.5
SL - 79
Imp points :
1. It has made a new 52 wk high with more than average recent weekly volume.
2. It has now entered into the zone which has acted as demand zone multiple times earlier.
3. Long wick formation.
The handle of weekly chart is forming another cup and handle on daily chart too and has given a breakout with higher volume too.
Entry - 90.5
Target - 111.5
SL - 79
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