The chart shows an interpretation of the year and half long sideways move in SILVER. This has all the characteristics of a triangle that is headed for an upside break. Wave E may be slightly short, so may have some more lower go, but that is not necessary. In any case a break of the upper trendline B-D should indicate a powerful upmove will begin. This has...
Bajaj auto is forming rounding bottom on Daily chart, & nearing breakout level buy above breakout or wait for breakout and buy on retest point
Medium Term Trade(3-4 months): Power grid corporation of India is on the verge of breaking out of a cup and handle pattern. Buy: Power Grid CMP: 236 Target: 275 Stop Loss: 223
Buy TAMO for 400 levels. All oscillators are positive.
As we can see there volume on the bottom and the weekly close was above 150 levels. We can have targe of 250 in the coming months
Clear we can see CUP & HANDLE pattern buy after 160 INR jtrgt 175+ INR
BHARATFORG | Closing above the strong resistance. Looks good for 40% CMP : 548 (Dip till 520) SL : 500 Target : 685,785 Its weekly chart, may take some time to reach the target. Weeks to months.
HUL CMP 2336 - we observe the stock has been consolidating for over a near now - support at 2306 / 2264 / 2180 - potential Cup & Handle in the making - confirmation on sustaining above 2464 Target for the given set up 2800 / 3100 At current levels Risk::Reward ratio looks good to go Long. Take care & safe trading...!!! Disclaimer - The view expressed...
JINDALSAW is forming cup with handle. near to BREAKOUT
HNDFDS is forming cup with handle patterhn
L_TFH is forming cup with handle pattern All details are mentioned in the chart
EVEREADY is forming cup with handle pattern
CNXPSUBANK Forming cup with handle pattern. We have already shared PSU Banks. and people made good profit.
#NIFTY has given perfect breakout for cup with handle pattern. now lets see if starts making handle or continue to move upward direction. People who want to trade in Index this might be useful.
#EIHHOTEL (daily) -A probable beneficiary from reopening of the economy and relief package. -Breakout from cup and handle formation. -No promoter pledge. -Profitable hotel chain. -Good buying volumes. -Buy at CMP. Safe buy around 111. -Targets are marked out in Purple. -TF ~ 1-2 months. -Stoploss daily close below 106. Disclaimer: I am not SEBI registered....
- stock breakout in the cup and handle pattern - Next level to watch 85/101 levels - -Support is near 56 level on chart
- Stock is trading in the cup and handle pattern -Stock break and sustain above 340 Next level to watch 400/470 levels -Support is near 270 level on chart