MCX seems to have cup and handle breakout, let's wait for good volume buildup, retest. I will buy once i see the above two conditions. I don't recommend others to trade on my view.
On a weekly chart price has given a breakout of the cup and handle pattern at 618 level. At currency juncture price is trading at 648 level. Momentum oscillator RSI has given positive crossover.
If price respect the level of 618 price can rally towards 780 level.
BSE:BLIL has given uncountable breakouts.
Firstly is make Cup & Handle pattern over a period of 6 yrs. And gave a strong breakout. C&H breakout target - 700 (Already reached)
Secondly, along with C&H breakout it also gave an All-Time-High breakout from the levels of 520.
Next, it went on to break 6 yr trendline and rested it also.
Finally, it gave breakout...
ABCAPITAL has made Cup & Handle Pattern at weekly chart, gave breakout now high probability of going up.
For my learning and digital records purpose only.
ICIL is a good investment stock forming a beautiful cup and handle pattern in multi year time frame.
Once ATH is broken, we can see big and quick move in this stock.
Long term investors can look for 2x returns as well.
Thestock is forming an beautiful cuo and handle pattern on the daily timeframe and will face a curcial resistance of 476 which could be broken soon moreover post breaking it the stock can rally till 567 levels
The stoch has been forming cup and handle pattern n daily timeframe moreover it has shown immense momentum today 401 level is acting as a curcial resistance and breaking it can lead to great rally target for same would be 530
3143 entry 2922 stop ~7% which is fair stop for cash swing positions.
Booking strategy
30% of position book on 10-15% gain near resistance trail rest at buy price.
For remaining use sell on to strength on day it makes very big candle and remaining can be booked on weekly close below 13EMA.
DISCLAIMER:
There is no guarantee of profits or no...
MMTC had given a breakout on monthly basis in January 2024 and now we are seeing the pull back and retest.
Coming to a lower TF like daily or hourly we can see that it has been moving in a Parallel Channel from Aug 2023 consistantly making Higher Lows and Higher Highs.
Taking 1 HR. Time frame we can see that it is making a Cup and Handle pattern. We have yo wait...
Suryoday has given a good breakout of cup and handle pattern
A weekly closing above 200 can be a good signal that ATH levels can be seen soon.
Stock is available at a very good valuation.
I had seen such breakout in Spandana which had blasted after breakout.Expecting a similar move here.
it is forming cup and handle and facing resistance at all time high level.
if we are able to get monthly closing then we may expect BO level retest and then it may act as good support.
high hopes
DCB bank is close to a multi year breakout.
Once stock closes above 500, big targets can be expected.
Short term momentum traders can set a target of 500.
A good private sector bank with bettering fundamentals.
![MCX: [Swing Trade] MCX 4020](https://s3.tradingview.com/g/gjvmJ5uY_mid.png "[Swing Trade] MCX 4020")
![UBL: [Swing Trade] UBL 1925 - FUT](https://s3.tradingview.com/f/FCyTx8To_mid.png "[Swing Trade] UBL 1925 - FUT")
