RAILTEL: Cup and Handle breakout Long
RAILTEL CORP OF IND LTDNSE
Beschreibung
⋅ NSE:RAILTEL has a perfect, copy book Cup & Handle pattern formation.
The chart looks bullish with the following properties:
- A long term Cup & Hande formation with a good volume breakout.
- If it sustains above 120, one can go long with a SL of the neckline of the Cup & Handle pattern (i.e. 117)
Long above 120 with a SL of 117.