May 5, 2010

ANDHRA BANK cup and handle pattern

ANDHRA BANK WEEKLY CHART
  • ANDHRA BANK weekly chart shows the break out from a cup and handle pattern
  • the break out is accompanied by good volume increase
  • Target according to cup and handle pattern rules is 200. 129 is the break out area this should be kept as stop loss for long trades.
thank you

5 comments:

  1. Hi San,

    Thank you for all the efforts. Every time I sneek in and refer the charts whenever you post it but go without even thanking you. So once again a big Thanks.

    Kindly consider my request in Just Nifty addressed to you.

    ReplyDelete
  2. Dear San,
    "cup and handle pattern".Heard first time.Thanks to you but it is not cup of my tea.ha ha:)Thanks for all efforts to literate us.

    ReplyDelete
  3. @rajagopal sir

    I will try to do what you have said in just nifty. It will help others and will increase my knowledge as well.

    thanks for the suggetion

    @mynac
    My knowledge is far lesser than you. Just trying to find out the effectiveness of patterns in our market. And i thought if i share my study process i can get some feed back from literate people like raja sir, ilango sir and you. And in the process speed up my learning.

    thank you both again for the comments

    ReplyDelete
  4. san pa ji..
    gud one..can it be a beer mug:)

    ReplyDelete
  5. thanks manu

    you can drink beer in a tea cup. choice is up to you.

    ReplyDelete