BUY @ 2658.90 RS TARGET 1@ 3006.35 RS TARGET 2@ 3395.65 RS BUYING CONFIRMATIONS: Cup with handle breakout with strong weekly closing Overall expected returns are around 27.65 %
In the Weekly Chart of VIPCLOTHNG, we can see that, after rejection of big Cup & Handle, it holding position on Lowe trendline. Decision making candle is made on trendline. Enter on breaking its high with low as SL.
In the Weekly Chart of UFLEX , we can see that, it has multiple rejections at 280. Take a small at 280 with 265 as SL hold for 1:5 profits and exit.
In the Weekly Chart of EIDPARRY , we can see that, it has given rejection for Cup & Handle breakout. Possible momentums are shown in chart.
In the Weekly Chart of MOTHERSON , we can see that, it is about to give Cup & Handle breakout which is also inside a Big Cup & Handle. It might respect the Trendline and then give a momentum.
The stock has recently broken out from a cup and handle pattern, and this breakout was supported by good volumes. The cup and handle pattern is a bullish continuation pattern, and the breakout with strong volumes adds confirmation to the potential upward move.
The stock recently broke out of a cup pattern, and what makes this breakout noteworthy is that it occurred after 8 years. Additionally, there was a multi-year breakout, and during the formation of the cup pattern, there was good volume accumulation. This combination of a cup pattern breakout after a long consolidation period of 8 years, along with multi-year...
The stock recently experienced a robust weekly breakout after a two-year period. Additionally, it presented a cup and handle pattern breakout, with consolidation at the resistance zone before the breakout. Considering the stock's longstanding uptrend, the cup pattern breakout can be viewed as a continuation of the bullish run. This combination of a strong weekly...
The stock recently experienced a breakout on the weekly chart, marking a significant event after a two-year period. The breakout was characterized by a strong bullish candle, indicating substantial buying interest and momentum.
Buy Dixon Technology At Cmp - 4859 Add More If Price Fall To 4370-4400 SL - 3950 ( Weekly Closing Basis ) Target - 6800
The OMXS30 is expected to make a significant move of over 5,000 points. This is due to the recent breakthrough of a resistance level that has been in place for almost 2 years, as well as the formation of a cup and handle pattern. It is highly likely that the index will reach the top by covering the depth of the cup. We will have to wait and see how this unfolds.
Zensar Technologies Ltd Breakout Cup and Handle breakout Can give 15 - 20% RSI also bullish.
just look at volume all time high elections are coming so political parties will spend so much money in advertisements and this will directly benefit to these media houses.
Tata Chemicals- Handle formation in progress. Need to break the resistance of 1070 which is also clashing with the trendline resistance. Once broken target of 1200 can be easily reached. Note: This is for educational purpose only.
3I infotech- After a small cup and handle breakout in weekly. it formed a flag pattern and today this breakout is happening for the initial target of 60.. then in the longterm bigger targets until 220 is there which will take time and will be shared later once it reaches 120. Note: This is for educational purpose only.
TCS- On the process of forming a big cup in weekly. to complete the big cup it should break the parallel channel. To break the parallel channel, it formed a Rounding bottom in daily, the target of which is matching with the weekly cup top of 4039... 10 percent profit can be made in short term from the CMP. Note: This is for educational purpose only.
On Monthly chart Eris Life has created Cup and Handle pattern Possible targets T1 - 878 T2- 1000 T3 - 1087 T4 - 1197 SL - 600 on monthly closing basis
Dalmia Bharat is making inverse head and shoulder and also a cup and handle formation. We can see price movement to 2900-3700. We can see a inverse Head and Shoulder pattern and a technical target pf 2900. And if we a longish Cup and Handle pattern, once we get confirmation, we can see price moving to 3700. Other factors: 1. RSI is above 60 2. MACD is...