Cup and Handle pattern in Glenmark Pharma? Volume droping in the handle and increasing when inching towards the breakout. Ideally it should be
bought in the 340-345 range, SL 299.8(low of the Handle-304) and Target is the depth of the Cup to the breakout of the Handle which comes around 490. Let me know if you have any insights/experiences in trading these patterns and measuring the Targets and SL in the same. Beginner in patterns, so kindly refrain from being too critical. Thank you and have a nice day/night.
bought in the 340-345 range, SL 299.8(low of the Handle-304) and Target is the depth of the Cup to the breakout of the Handle which comes around 490. Let me know if you have any insights/experiences in trading these patterns and measuring the Targets and SL in the same. Beginner in patterns, so kindly refrain from being too critical. Thank you and have a nice day/night.
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