Verdict:
Bullish Breakout done
Plan of action:
Entry after retrace
BUY: 144-146 after retrace
Stoploss: 141
Target: 160
CUB has given the breakout as can be seen on the chart. we can make a entry once it give us a retrace and then it goes bullish. you can buy the stock once it drops to price 144-146. and hold it till 160 with Risk:Reward :: 1:3 approx.
Reason:
Verdict:
Bullish Breakout done
Plan of action:
Entry after retrace
BUY: 144-146 after retrace
Stoploss: 141
Target: 160
*****Disclaimer:*****
The information provided in this blog post is for informational purposes only. It is not intended as financial, investment, or trading advice. The author is not a licensed financial advisor or professional.
Trading and investing in financial markets carry inherent risks, and past performance is not indicative of future results. Readers should conduct their research, consider their risk tolerance, and consult with a qualified financial advisor before making any trading or investment decisions.
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