Averoy_Apoorv_Analysis

Inverted Head and Shoulder on WTF and Cup and Handle on DTF - LT

Long
NSE:LT   LARSEN & TOUBRO
Some Knowledge about MY patterns here :

1) Cup and Handle :

Appearance: Looks like a cup profile with the handle on the die right

Reversal or consolidation: Short-term (up to 3 months) bullish consolidation

Failure rate: 26%

Failure rate if
waited for a breakout: 10%

Average rise 38%, with most likely rise between 10% and 20%

Throwbacks 74%

Percentage meeting and predicted price target: 49% using full formation height, 73% using half formation height Cups with a higher right lip perform better, 40%
versus 35 % average gain.


TELEGRAM link ( More charts and alerts of all stocks ) - t.me/hashtaghammer
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.