Blue Dart Express Limited
Long

BLUEDART - Cup and Handle—Breakout -Daily

239
BLUEDART - Cup and Handle—Daily

Upward Trend Line:
Indicates a general increase in price over time.

Neckline - 8995 => exit:
Suggests a potential exit point at the price level of 8995.

Breakout with Very High Volume:
Indicates a significant price movement accompanied by high trading volume, which often confirms the strength of the breakout.

For a potential price target of 12,555.

This analysis suggests that the price has broken out of a previous resistance level with strong volume and may continue to rise, potentially reaching the 12,555 level. However, always consider other factors and conduct further research before making any trading decisions

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