one year3/4th CUP about to complete , accumulation signs are evident....
one yr accumulation completed and about to blast .enough evidence of smart money entry in last few days ..
Tracking 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...
cup and Handle completed also emergence of Vol complimrtry sign..
cup completed and handle formaed and also emergance of volume in RH side of cup also IPO top
cup completed and handle /retest encoraging to see vol emergance +ipo base
Neat Text Book C&H in the making.. Levels on the chart
Details on the chart.. Good to go long above 140 WCB
Cup n Handle Breakout with good volumes on cards. view negated below 520 on closing basis. positive buy above 560.
16 week cup n handle shakeout done holding 50 DMA institutional buying seen pocket pivot along with BO TGT - 550 - 650
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
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......
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.
12 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.
15 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.
11 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
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.
13 week cup and handle base. around 2 week handle. Volume contraction is very good. shakeout in the base only red flag is 33% depth of the cup. if stays above 70 (weekly S/R) - may touch 100.