Reliance Cup and Handle and Ascending triangle breakout short term profit 10-15%
BPCL has create cup & handle pattern volume on Friday 25/6/2020 is 12m which is 1.5 times of 22 avg volume
Price had moved already and could see some pullback before reaching the required level. Volume seems pretty good with lot of people coming which signifies better buy.
We will see a huge upside move in HDFC bank after the breakout of the very clear Cup and handle pattern. Long HDFC Bank Above 1048 For Target 1060 1070+ Strict Stoploss 1038 ***This is my personal view. Please take advice from your financial advisor before investing.
More upside possible
Cup & Handle pattern on Daily Chart of Voltas Entry 1 - 570, Entry 2 - 586 on breakout SL - 520 Target - 720 * I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
(1) Upper Parallel Channel in Daily Chart, (2) Cup n Handle Pattern in Daily Chart, (3) Volume in Accumulation Phase. (4) Volume as above average. (5) Point of Control(P.O.C) : 55.25 as in Volume Profile. (6) Rectangle Pattern in Daily Chart Long opportunity: Buy above Clear all Breakouts i.e. 62.50 : Target : 87.25 Stop Loss : 50 (Day Close Base) Risk is yours...
HDFC limited Handle under formation , handle may touch 1670
Strong bank among others. BTST levels mention on charts
Details mentioned in Chart Disclaimer - Please do your own analysis before initiating the trade
Details mentioned in Chart Disclaimer - Please do your own analysis before initiating the trade
Jan 29 202 starts the formation of the first handle, cup forms from late feb to early june, currently consolidating and finishing the formation of the second handle; potential break out above $70
Still stock price travels on the handle portion (long handle) Waiting for support from nifty side.... Also travel on Descending triangle pattern looks for short term bullish breakout.... Give u r likes and opinions...
Cup & Handle pattern forming on Hourly Chart of SHRIRAM TRANSPORT FINANCE. BUY 650, SL 599, Target - 700. Volume should be increasing as it moves towards the buying levels. Else it will be considered as a false breakout and trap the buyers. Cup Depth = 114. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.