Tuesday, August 23, 2011

Silver - Cup and Handle is bullish

a writes: "sir dont you see a bullish cup and handle pattern in the u shaped base and the rectangle.even the volume actions have been similar to a bullish cup and handle..dont ya think there s a lot of accumulation taking place...targets please"

Yes, a. The cup and handle pattern in Silver is visible and confirmed due to a breakout from the handle. Traders must know how to trade this breakout. I would wait for a dip / consolidation.

5 comments:

abishekrav said...

thanks a ton...for that analysis sir..my analysis bout the cup and handle has been confirmed..thanking u again for the immediate response..

Balu said...

Wish you very very happy birthday sir.

With Love
Balu

Deepak Longani said...

wish you many many happy returns of the day Happy Birthday Sudarshan ji....regards Deepak Longani

Deepak Longani said...

wish you many many happy retuens of the day
Happy Birthday Sudarshan ji

regards

Akash said...

HAPPY BIRTHDAY SUDARSHAN,,, FROM : AKASH JOSHI / OLD"ST VIWER & BLOG READRE