Central Bank Of India looking bullish. One can clearly identifies Cup and Handle pattern on weekly time frame. If we measure the cup depth, it would be the target on up side which is 65.50 in this case.
Very small stop loss with high risk reward ratio over 6. One can stretch the stop loss below previous swing low.
RSI is above 60 on daily, weekly and monthly time frame.
Very small stop loss with high risk reward ratio over 6. One can stretch the stop loss below previous swing low.
RSI is above 60 on daily, weekly and monthly time frame.