1. Coal India looking prudent for long term investment and swing too.
2. CUP & HANDLE pattern (handle in formation) (below is the monthly chart view )
3. Wait for the voluminous Breakout. ( Monthly candle closing above 255 can be the confirmation )
4. Target reaches to near 400 (as per cup depth)
5. Since this been an one sided move, we can expect one...
TIME FRAME 15 MINS -
Cup & Handle pattern seen on 15 misn timeframe while presents Bullish continuations from current price of 1975 towords 2000 soon..
Though time frame is small but it supports to Gold Rally hence has goood importance..
Wish you all best profits and best life....
Dont be bearish for GOLD in condition like war , Study Fundamentals too with...
STRATEGY: BUY CMP i.e. 985-980 SL:905 TGT: 1130-1150
Theory:
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks.
As its name implies, there are two parts to the pattern: the cup and the handle. The cup...
Alkem has already formed cup and also forming Handle but yeah it can take a long waits...
Close above ₹4200 is important....
What's your view ? Bullish or Bearish ?
OK THIS is my second analysis after fairchem , for which i updated when i sold .
The IT sector as a whole down due to external circumstances , No internal issues in almost all the it companies.
Considering this opportunity to invest or even trade for short term gains . I prefer mid cap which has better safety against sell off and higher profit percentage...
cup and handle
break-out
trgs r opens
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“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls, please consult your financial advisors. Thanks
Hello Traders,
Today we will talk about SBI Life.
We are seeing cup and handle patterns in SBI Life in 4h time frame.
And cross the level of 1159 in that then you have to buy and your stop loss will be 1113 .
Traget ( 1160 -1168-1180 ).
Thank you!
Money_Dictators
Disclaimer: This is NOT investment advice. Invest your capital at your own risk.
ASHOK LEYLAND --DAILY CHART - CUP & HANDLE BREAKOUT
1. Channel breakout & CUP & HANDLE Breakout seen on daily chart
2. Histogram seen bullish
3. RSI near 60 level currently 59 level above 60 will extreme bullish
4. MACD above center and signal line
5. above 20,50.100.200 SMA
BUY ASHOK LEYLAND @ 130
target 140-150 + ( SHORT TERM ) - 1 month
stop loss...
THIS IS POSITIONAL INVESTMENT STOCK. BSL LTD stock broke out at 131.30 with significant volume.stock broke its high which made in feb 2018.Now stock trading above that level.
On weekly chart stock forms Cup and Handle pattern.
Target -243
time Target - 16 months
Stop loss-105
NSE:TATAMOTORS
#TATAMOTORS formed Cup & Handle pattern, Levels marked on chart for practice.
Sharing levels daily for LEarning & practice.
Happy LEarning !!
Hindalco Long
Cup and candle pattern
Breakout retest
Buy at CMP- 592 or around 565
SL- 500
Target- 625, 690
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Long round bottom consolidation and a handle formation + Triangle - Chart levels are more self explanatory.
Bullish in the weekly charts can expect a breakout soon
breakout seen on weekly chart with good volume
momentum is good.
as there is momentum in Housing Finance sector. this may also quickly reach next resistance .i.e 480.
