### 📌 Positional Swing Trade Idea – DHUNSERI TEA & IND. LTD (DTIL) | Cup & Handle Pattern Forming
DHUNSERI TEA & INDUSTRIES LTD (NSE\:DTIL) is forming a classic **Cup and Handle** pattern on the daily chart, indicating a potential bullish breakout opportunity.
🔍 **Technical Highlights:**
* The cup is well-rounded, indicating strong accumulation over time.
* The handle is forming as a short consolidation/pullback, typical before a breakout.
* Price is approaching the **neckline resistance**, which if broken with volume confirmation, can signal a strong upward move.
📈 **Trade Setup:**
* **Breakout Zone:** Watch for a breakout above the neckline with volume.
* **Support:** Handle base acting as support.
* **Target:** Measured move based on cup depth offers a healthy upside.
This structure suits **positional and swing traders** looking for breakout trades with a defined structure and favorable risk-reward.
⚠️ **Disclaimer:** This idea is for educational purposes only. Please do your own analysis before making any trading decisions.
DHUNSERI TEA & INDUSTRIES LTD (NSE\:DTIL) is forming a classic **Cup and Handle** pattern on the daily chart, indicating a potential bullish breakout opportunity.
🔍 **Technical Highlights:**
* The cup is well-rounded, indicating strong accumulation over time.
* The handle is forming as a short consolidation/pullback, typical before a breakout.
* Price is approaching the **neckline resistance**, which if broken with volume confirmation, can signal a strong upward move.
📈 **Trade Setup:**
* **Breakout Zone:** Watch for a breakout above the neckline with volume.
* **Support:** Handle base acting as support.
* **Target:** Measured move based on cup depth offers a healthy upside.
This structure suits **positional and swing traders** looking for breakout trades with a defined structure and favorable risk-reward.
⚠️ **Disclaimer:** This idea is for educational purposes only. Please do your own analysis before making any trading decisions.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。