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Cup And Handle

AERO Price Alert: Cup and Handle Dynamics at Play!💎 Paradisers, #AEROUSDT has formed a cup and handle pattern, which increases the probability of a bullish move. 💎 If #AERO breaks the resistance area, we can expect a bullish move. This area might also coincide with the stop loss points of retail sellers, as inferred from the price action and where sellers are likely to have entered. This increases the likelihood that triggering these stop losses could further propel the price upward in the coming days. 💎 In the case of a pullback, we can expect a bounce from the demand level, though the probability of a bounce here is less than that of a bullish move following the breakout of resistance. 💎 However, if the price breaks below the demand level, it will invalidate our bullish outlook. In that case, it would be better to wait for more favorable price action to develop. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
Cup and handle breakout in auto sector stockAshok leyland has been consolidating in a cup and handle pattern since 2019 and is on the verge of a breakout. A weekly closing above 170 will confirm the breakout which will the stock to 200+ levels in short time. Stock is looking bullish and can be added on dips upto 155 with a SL of 144 DCB. Chart looks similar to Midhani which gave a sharp upmove after breakout Note:-Idea is shared for educational purposes and should not be considered as a recommendation.
NSE:ASHOKLEYLong
by chartistamey
4
🚀DASHUSDT Cup and Handle Alert: Ready for a Bullish Breakout?💎 Paradisers, #DASHUSDT has shown a Change of Character (CHoCH) and formed a cup and handle pattern, which enhances the probability of a bullish move. 💎 If #DASH closes a candle above the resistance zone, it will validate the cup and handle pattern, and then we can target the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the bullish Order Block (OB), but remember, we need to see bullish signs in lower timeframes for confirmation. 💎 However, if the price breaks below the bullish OB, it will invalidate our idea. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
HINDALCO BREAKOUT AND RETEST , EASY 14% GAINHindalco Industries crashed by over 12% on Tuesday as a significantly higher spend on capex with lower expected returns for a facility being set up in the US is seen hurting its earnings. however the profits have been trebled QOQ basis . Techincally the stock was in process of forming cup and handle pattern on larger scale however it tanked and went in other direction . The stock has taken support at the previous resistance of 504 which shows that the bearishness in the stock is not going to prevail and it can rally till 622 , and 924 in long term
NSE:HINDALCOLong
by keshavmaharaj958
2
INOX WIND READY TO CHANGE THE DIRECTION OF WINDThe stock has been in consolidation phase since 2015 and could not yield any significant returns however there has been a serious increase in volumes and momentum lately Also there has been a turnaround in the fundamentals , the company has turned profitable in recent quarters . There are 2 major patterns which are being visible in the chart 1) Rounding bottom which has been in formation since 2015 and has given a breakout recently which is a great sign also the target comes out to be 220 within few months 2) Cup and handle which has been formed freshly and the resistance for 166 has been breached recently also the target for same comes out to be 220
NSE:INOXWINDLong
by keshavmaharaj958