POSITIONAL Trade Idea - HindcopperBeautiful rounding bottom breakout and now retest happening. Stock taking support at 10 and 20 EMAs on weekly time frame. Targets are marked.
**Only for educational purpose. It is not a buy or sell recommendation.
Cup And Handle
INDIAN ENERGY EXC LTD (IEX)IEX: Breakout & Retest from Rectangle Pattern
Key Observations
Breakout and Retest: The price has broken above the resistance level (neckline) of the cup and handle pattern, confirming the bullish signal.
RSI: The RSI is above 60, suggesting a bullish bias.
Volume: Increased volume during the breakout and subsequent pullback confirms the significance of the price movement.
Disclaimer: This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.
GSPL READY FOR A BLAST The company is one of the largest players in the natural gas transmission business in India together with its leadership position in Gujarat and strategic location with connection to all major natural gas supply sources.
The stock has been forming an cup and handle pattern on the weekly timeframe . since 2021 the stock was forming this pattern and now it is approaching its final stage if breakout
The fundamentals of the stock are quite stagnant but quite decent and the stock is trading below the industry PE of 18 , its other counterpart petronet LNG is also progressing at pretty solid pace
TARGET 1 - 560 WITHIN 3-4 MONTHS
Vedant Fashion is on radarHi Traders!!!
Vedant Fashion has given a solid breakout of cup and handle pattern on weekly chart pattern. recommended to buy at 1220-1230 for the positional target of 1382/1498/1531 with SL of 1065.
Cheers!!.
Please follow and boost to encourage such analysis.
LAURUSLABS CUP & HOLDER PATTERN BREAKOUTNSE:LAURUSLABS has retested its Cup & Holder Pattern Breakout Levels, may go up to 460 levels with a support of 420 level.
Disc.: Not a reco
Engineers India Cup & Handle Breakout Breakout in NSE:ENGINERSIN Cup & Handle Pattern with good Volume.
Short Term Target: 200
$NSE:LTIM Cup & Holder BreakoutNSE:LTIM giving Cup & Holder Breakout and can be bought on a Retest from the support level of 5770
Khaitan Chemicals Monthly Cup & Handle On Weekly Chart large volume spike on Weekly charts
50% Buy @96 (cmp) & 50% Buy on dip 90-92 TG 110,118 SL 86
Educational Ideas
To motivate us, Please like the idea If you agree with the analysis.
ASIAN ENERGYThis stock formation of cup with handle and break the pattern previous week in weekly time frame with high volume no selling pressure shown short term target near 530 range
Tilaknagar is going high Very undervalued fundamentals and strong outlook on growth.
Ready to move out of consolidation phase. Few new targets can be achieved.
Prakash Industries Ltd (PRAKASH)PRAKASH has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment.
Key Observations
Cup and Handle Formation: The chart appears to be forming a "Cup and Handle" pattern, which can often signal a bullish continuation after a period of consolidation.
Breakout: The stock has recently broken above the handle of the cup, indicating a potential bullish breakout.
Volume: The volume has increased during the breakout, supporting the bullish momentum.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time
Indegene-Is it ready for takeoff ?Indegene is a futuristic high growth company which is a digital-first, life sciences commercialization company.
Reason of trade:-
Stock has formed cup and handle pattern and has given breakout of hourly ATH with closing basis. Stock is currently consolidating above breakout level which indicates accumulation.
Note:-Risky trade which is shared for educational purposes only and should not be considered a recommendation
Amines & plasticizers cup & handleChemicals sectors haven't participated the bull rally in last few years. Chemicals are getting ready. Deepak nitrite, Amines, Archean chemicals, Balamines are all looking good. All these stocks has very strong fundamentals. This stock has made cup pattern. Closing above 345 would be a breakout else handle pattern will form. Target 510.
Craftsman Automation - Cup & Handle PatternCraftsman automation is into automobile industry. It has moved out of cup & handle breakout and should move towards our target. Other factors:
1. Fundamentally great stock
2. Recent acquisitions shows growth
3. FII & DIIs has increased stake
4. RSI positive
5. MACD positive
Keep following Cleaneasycharts.
Right Stock at Right Time at Right price.
Cheers!!!
MAHSEAMLES DAILY CHART CUP & HANDLE PATTERN The stock has formed CUP & HANDLE
on the Daily chart.
One can enter above 707 with a strict
Stoploss of 637
Target 1 - 730
Target 2 - 750
Target 3 - 770
#SWINGTRADE
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
GLENMARK PHARMA READY FOR A GARANTUAN BREAKOUTThe stock has been forming a cup and handle pattern on the weekly time frame where the 965 level is acting as a crucial resistance however it can be shattered if the market sentiments favour and after that a prelonged rally , however a major concern for the company is its ailing balance sheet which shows quite concerning factors but for a swing trade it can be bought
CUP AND HANDLE WITH GOOD VOLUME1M - Cup and Handle Pattern Strong breakout
Some months volume also increases.
ISEC - Weekly AnalysisIn the Weekly Chart of ISEC ,
we can see that, it is near breakout.
Let it create a respect or Halt Candle.
Expected momentum is shown in chart.
MANYAVAR - Weekly AnalysisIn the Weekly Chart of MANYAVAR ,
we can see that, it has given Cup & Handle breakout.
Let it retest and then enter with SL.
Expected momentum is shown in chart.
PRAKASH - Weekly AnalysisIn the Weekly Chart of PRAKASH ,
we can see that, it is leading very Big Cup & Handle breakout.
Expected momentum is shown in chart.
