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Cup And Handle

Coalindia 9 years breakout & retestSimple cup & handle pattern in coal india. It is sustaining the breakout. Target can be huge. Keep accumulating for steady move. It has 9 years breakout and retested. so the move will be powerful. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
NSE:COALINDIALong
by ashishhc
Deepak fertilizers & petrochemical Corp LtdIt is involve in chemicals, mining chemicals & fertilizers business. Market Cap: 8474 crores P/E 12.6 vs Industry P/E 33.2 ROCE is 25% Previously ,it demonstrated a perfect example of Cup pattern breakout that achieved its target. Currently it is on verge of giving breakout in a symmetrical triangle. weekly closing above 680 and RSI weekly closing above 60 should be consider as confirmation of breakout .If it does closes then it should head for 720 and 834. It has the potential to cross it ATH of 1065 in 2024. The View should be neglected if it breakdown in symmetrical triangle. This is not a stock Recommendation.
NSE:DEEPAKFERTLong
by naveenpawar22
Grindwell Bullish reversalGrindwell norton making Cup & Handle pattern. Look at the false breakout. Long upper shadow signifies selling pressure. It's either good to wait for weekly close or have SL at breakout level. False breakout then retraced to 61.8 fib retracement and took support. Also, it was long term trendline support. Plus look at the long lower shadow which signifies strong bullish reversal. I had alert below 2K as I was expecting it to take fib & trendline support and got triggered.
NSE:GRINDWELL
by naraykln
Bajaj Hindusthan Sugar - Cup and Handle (Weekly Chart)A cup and handle pattern on a stock chart is an pattern which resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift or consolidation. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Target Measurement - The depth (which is the bottom price of the cup till neckline) is measured and placed on the neckline to get the final target Technical traders using this indicator should place a stop buy at the bottom of the handle on closing basis
NSE:BAJAJHINDEducation
by Imran_I_Ahmed
7
NATCOPHARM - CUP AND HANDLE FORMATION (BO FROM SUPPLY ZONE)Hi All, This idea is about Natco Pharma Fundamentals Market Cap - 21712 Cr Stock PE - 15 ROE - 25.9% ROCE - 30% Promoter Holding - 49.7 Quick Ratio - 3.42 D/E - 0.06 NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche therapeutic areas. Technicals Since May 21, NATCO has formed a complete CUP and HANDLE formation on weekly chart and has now sustained the breakout for over 2 weeks. The earlier supply zone is now acting as demand zone indicating positive price action. This is for mid/long term investors only Hope you enjoy the idea, Happy Trading, Thanks, Stock-n-Shine
NSE:NATCOPHARMLong
by Stock-n-Shine
2
L&T finance 7 years breakout probablityL&T finance has 7 year rounding patten. Now coming near to the breakout zone. It should wait here near the 195 zone and then breakout. May be if breakout gets tested will be a double confirmation. I always picks stocks before it’s breakout happens. Clean target is 340. There will be stopover in-between also. I showing in monthly candles so picture will be more clear. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
NSE:LTFLong
by ashishhc