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varun_devadiga

Possible Cup and Handle Breakout in CL EDUCATE weekly chart

Long
CL EDUCATE LTD (NSE:CLEDUCATE)  
varun_devadiga  
NSE:CLEDUCATE   CL EDUCATE LTD
Trend Lines Multiple Time Frame Analysis Cup And Handle LONG cupandhandlebreakout Bullish Patterns CLEDUCATE Trend Line Break weeklybreakout
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trendline mtfa cupandhandle long cupandhandlebreakout bullish cleducate trendlinebreak weeklybreakout

Stock has given breakout from its cup and handle pattern, yet there is no significant volumes on breakout. For pattern confirmation price has to close above 170 in weekly chart.

At present Stock has given a cup and handle breakout with significantly good volume in daily chart and may come for retest at 170-150 levels.

For further strong up move, price has to close above 187.

All possible targets are marked on the chart. Maintain strict stop-loss at 130.

This is just a view, not recommendation to trade. Do your own analysis before making any investment.

Do like and share this idea and share your opinion in the comment section.

CLEDUCATE
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