CNH
BEML good upside potential#BEML Defence stocks are on fire.
Stock is forming CnH in weekly TF which is very promising
SL is bit deep at around 1700
CMP 1828
Upside potential 20-45%
LG Balakrishnan#LGBalakrishnan CMP 769 Formation of CnH in longer TF and Daily TF.
Funda are very good available at 9.6PE with very good ROCE and ROE
Can be held for long term.
CNH-cup completed1.cup completed
2.very high volume emergence sign of smart money
3.yesterday GAP-up
CNH-2nd retest Cup and handle completed also retest twice done sign of supply dry up and broke out of TR range ...
smart money accumplated seems markup phase started .....
cup and handle one yr accumulation completed and about to blast .enough evidence of smart money entry in last few days ..
GOCOLORSTracking it since very long.
There are two patterns which are visible on chart first one is cup and handle and secondly round bottom.
I'm expecting it to give CNH breakout and and complete round bottom as it's target.
Targets are marked.
My SL will be 1100 DCB.
Views personal.
I Can go wrong.
Not a trading recommendation.
DYOR#stockmarketeducation #marketnews #share #trader #invest #financialfreedom #nseindia #sharebazar #technicalanalysis #mutualfunds #stockmarkets #forex #warrenbuffet #cryptocurrency #entrepreneur #zerodha #shares #ipo #startupindia #daytrader #investingtips #wealth #equity #bitcoin #bseindia #market #businessnews #mumbai #investors #daytrading
cup and handlecup completed and handle formaed and also emergance of volume in RH side of cup also IPO top
SUNTV BreakoutCup n Handle Breakout with good volumes on cards. view negated below 520 on closing basis. positive buy above 560.
Setting up nicely!16 week cup n handle
shakeout done holding 50 DMA
institutional buying seen
pocket pivot along with BO
TGT - 550 - 650
will it sustain against Market sentiment ?19 weeks cup n handle.
shakeout done in the handle. it coincided with 50 DMA, holding.
pocket pivot just prior to BO.
nice volume contraction in a base.
up day volumes is higher than down day volumes withim base.
Tgt - 480 - 500 - 540
Will it go to skies ?8 weeks cup n handle - 2nd stage base.
depth is little more - 32%
Strong prior uptrend - 375% from lows.
Pocket pivot formed today.
Its coupled with good fundamentals and promoters buying.
Its even at ATH levels......
Is it gone blow upward ???Nice VCP pattern.
also a 16 week cup and handle base.
gave a BO of upper trendline (early entry) and little pullback the next day.
Exact entry pivot is above 263.
volume is very quiet.
Price at ATH. so open target.
Another sugar stock for short term12 week cup with high handle.
Its also 3 week tight formation. so may give BO in current week.
Good fundamentals.
Good above 100 which is BRN and also pivot.
only thing to consider is 200 WMA at 110 where it may face resistance.
Strong move expected15 week base - flat base on daily and more of CUP on weekly charts after strong prior trend of 284%.
Good fundamentals. Sugar sector also moving in sync.
Retest after BO done. Need to hold BO line. Can go for 200 which is ATH.
momentum play11 week base - cup and handle
shakeout in the middle of base on weekly chart.
it changed character to bullish after breaking upper trendline.
then it gave pocket pivot on 20/11/20 off 50 MA which was also low cheat entry.
now it again gave continuation pocket pivot off 10 MA showing sign of strength.
Looking at 600 min and then even further
Will it just go off the roof or will it contract further ?good long 14 weeks consolidation of 20 % depth.
It's a flat base as per Marketsmith India. if so, its definitely ready for BO.
quiet volume thr' out base and contraction in handle.
Pocket pivot before BO. Good sign.
