CUP
Cup And Handle Pattern 17.1.22
a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed first by a smaller drop and then a rise past the previous peak. It is interpreted as an indication of bullish sentiment in the market and possible further price increases. CMP 518 Target 530
MOREPENLAB [cup and handle]
PATTERN:- CUP AND HANDLE
already re-texted , confirmation done so my side stock are bullish .
your looking target are very low distance but this not my this technically draws. so ...see what happen next ..
"you know target made 43.85%"
The cup and handle is a well-known continuation stock chart pattern that signals a bullish market trend
I am not a sebi register this only for Education Purpose . I am not Responsible for any LOSS or PROFIT .
GMR INFRA Multiyear Breakout CUP Pattern -GMR INFRA form multiyear breakout CUP pattern on Monthly Chart. This will be Good pic for Short term - Mid-term - long term Target.
AS Intelligent investor BUY when everyone is selling on fear and SELL when everyone BUY and make good profit then Y not take this opportunity to have a good pic in portfolio as lower risk and max profit.
BUY GMR INFRA cmp @ 41.45
Short term target 44-48, mid term target - 55-60, long term target 70-80
Stop loss 37
TECHNICAL INDICATORS .
1. Multiyear breakout at 39 level and stock currently conolidating around 41-44 level for upper side breakout.
2. CUP PATTREN FORMATION
3. MA ADX green indicate bullish trend
4. RSI(14) trading above 75 ...(between 75-100) bullish.when stock at uptrend
5. monthly chart breakout candle confirm.
** Please make own study and analysis and take call at own risk.
WISH YOU HAPPY TRADING. !!
Cup and handle breakout BAJAJ AutoAuto sector is super bullish in the last few days. Now, we have a slightly late entrant in the sector with a cup and handle breakout.
Today's candle is a big breakout candle and signals a good entry. With the stop loss below the today's candle i.e. 109 points below for a target of 1:2 of 215 points.
Kindly note that this is not a recommendation and only for educational purpose.
JSLHISARCup pattern breakout after almost 4 years, and ascending triangle formation on 1 day time frame.
Can expect good momentum above 310.
International Conveyors @finger tipsI am waiting to see it in Uncharted Teritory😎✔️
Expecting a reversal from the current level.But need to stay Nifty postive.
Risky players can enter @current level
Others can wait for the Cup and Handle Breakout.
✔️ Anytime we can see a massive movement in the stock
Reasons for this Stock Selection ✔️
💎The stock was strongly accumulated between 40-50 range,u can see strong consolidation in the chart.
💎The back end data was awesome in the consolidation period.
💎Formed a nyz pattern.
💎Here the Cup with Handle is a bullish continuation pattern.
💎Final Shake Out.Sending those shares into sturdier hands in the market.
💎Low Volume in Handle is the another bullish sign.
💎Low Risk.
💎Promoters increasing their stake.
💎Technically promising chart(All studies explained in the chart).
And I hope This is the Final SHAKE OUT || Bulls Awaiting✔️😎
weekly chart✔️
About The Business✔️
International Conveyors is engaged in Manufacturing and trading of Conveyor Belting, Trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories, Generation and Sale of Power.
Hope you guys learn and trade responsibly only after understanding the mechanics behind the pattern🙏
Sundram fastner...breakoutsince march 20021 stock attempted two time two break zone of 835 to 862 level..but failed
price fall from 835 to 663 ,,but with less volume .
see the markup volume in the chart ..i called this green volume bar ( elephant moves). that is someone buying this script at lower level near 630 to 700
and selling at top near 850 -860 range.
STRONG SUPPORT- 750- 725
TARGET- 955 ,1105 VIEW 3MONTHS MINIMUM
BUY AT CMP OR 850 WOULD BE BEST LEVLE