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Cup And Handle

Arrow Greentech Ltd (ARROWGREEN): Bullish Breakout from Cup and Arrow Greentech Ltd 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: A potential "Cup and Handle" pattern is observed, 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 bullish breakout. Volume: The volume has increased during the breakout, supporting the bullish momentum. Positive Indicators: The Relative Strength Index (RSI) is currently above 50, suggesting a bullish bias.
NSE:ARROWGREENLong
by supertraders_india
3
Castrol India Ltd (CASTROLIND): Bullish Breakout Confirmed?Castrol India Ltd has shown a strong bullish breakout, breaking above a key resistance level. The increase in volume during the breakout suggests growing investor interest. Technical Indicators: RSI is above 50, indicating a bullish momentum. Key Observations Upward Trend: The overall trend of the chart is upward, suggesting a bullish sentiment for Castrol India Ltd. Resistance Breakout: The stock recently broke above a significant resistance level, indicating a potential bullish continuation. Volume: The volume has increased during the breakout, supporting the bullish momentum. Positive Indicators: The Relative Strength Index (RSI) is currently above 50, suggesting a bullish bias.
NSE:CASTROLINDLong
by supertraders_india
Is UMAUSDT About to Break Out? Here’s What You Need to Know!Yello, Paradisers! 🌟 Are we on the brink of a major bullish move with UMAUSDT, or is the market setting up for a fakeout? 💎UMAUSDT has recently taken buyer liquidity and formed a classic cup and handle pattern, which typically increases the probability for a bullish move. However, the key to confirming this bullish outlook lies in the price action. We need to see a breakout and candle close above the resistance zone, a level that has been tested multiple times before. If the price manages to break through this zone, then we can expect a bullish move. 💎On the flip side, if there’s a pullback, we might see a bounce from the bullish order block (OB). However, caution is warranted here; given that the short term trend is showing bearish tendencies, it’s wiser to focus on scalp trades with smaller targets in this scenario. 💎But remember, if the price breaks down and closes below the bullish OB, it will invalidate our entire analysis. In that case, it’s crucial to reassess the market conditions before making any moves. Consistency and patience are key. Stay disciplined, Paradisers, and remember: smart trading is the only way to make it long-term in this market. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Bank Nifty - Aug 21Price gave very good movement in the morning session and was giving less movement in the afternoon session. Pattern : Rounding top. Range : Medium. Trend strength : Normal. Buy Above : 50800. Stop Loss : 50720. Targets : 50880, 50960, 51040, 50140 and 50220. Sell below : 50640. Stop Loss : 50720. Targets : 50580, 50500, 50380, 50300 and 50220. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:BANKNIFTY
by vanathi
6
Sequent - Cup and Handle formation - Best above 158Sequent Scientific had Superb set of Results (₹ in Mlns) YOY (qtr)👍 REV⬆️₹3902 vs ₹3332 PBT⬆️₹120 vs ₹-556 PAT⬆️₹90 vs ₹-346 EPS⬆️0.26 vs -1.4 QOQ (qtr)👍 REV⬆️₹3902 vs ₹3612 PBT⬆️₹120 vs ₹26 PAT⬆️₹90 vs ₹12.7 EPS⬆️0.26 vs -0.04 The Stock is forming Cup & Handle Pattern with turaround from this quarter. The stock can be added above 158 for Targets of 220/280/340 Strict stoploss of 132. Disclaimer : Educational Content. Please do your own research.
NSE:SEQUENT
by jain_geetesh
5
Orient Green Power - Potential C&H in making. Safe above 27.28Orient Green Power- Getting its 2nd right issue in coming days for 250 Cr. The current qtr results have been good and Energy sector is a sunrise sector and is expected to do well, while the chart appears to be forming potential Cup & Handle Pattern. Aggressive investors can enter at current price at around 21, to receive rights issue at discounted price. While low risk appetite investors should wait for the stock to perform and complete the handle and enter only above 27.28. Views valid above 27.28 with strict stop loss of 17.80 Disclaimer : Please do you own research and don't treat this as Buy/Sell advice.
NSE:GREENPOWER
by jain_geetesh