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WELSPUN CORP - 40% upside on charts

Long
WELSPUN CORP LTD (NSE:WELCORP)  
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NSE:WELCORP   WELSPUN CORP LTD
Trend Analysis Technical Indicators Chart Patterns priceaction priceactionanalysis cupandhandlepattern cupandhandlebreakout trendpattern
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trendanalysis indicator chartpattern priceaction priceactionanalysis cupandhandlepattern cupandhandlebreakout trendpattern
Welspun Corp formed a 'cup & handle' pattern in the day chart breaking its all time high. The depth of the cup from a common high is 37.2% and that ladies & gentlemen is the potential the stock can rally upto post breakout.

Technically the chart is strong, but don't forget to have your own research.

Cheers :)
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