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Cadila : Cup and Handle formation (Long Signal)
Cadila started Human trails of COVID-19 Vaccine.
The daily chart shows classic Cup and Handle formation. Recent Close is above the Handle line.
Hence backed by the news and supported by technical indicators, upmove expected.
Price levels are congested in a narrow zone, hence various support-resistance lines can be observed.
Entry Price: CMP
Target 1: 404
Target 2: 415
Target 3: 425-427
SL: 360
Remain in trend if Price levels sustains above T1.
The daily chart shows classic Cup and Handle formation. Recent Close is above the Handle line.
Hence backed by the news and supported by technical indicators, upmove expected.
Price levels are congested in a narrow zone, hence various support-resistance lines can be observed.
Entry Price: CMP
Target 1: 404
Target 2: 415
Target 3: 425-427
SL: 360
Remain in trend if Price levels sustains above T1.
交易結束：達到停損點
交易結束：目標達成
Target 1 achieved.Reversed from SL zone.
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