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Cup And Handle

Digvijay cement-A multibagger in making?Digvijay cement has given a beautiful cup and handle pattern breakout. Recently, sock has also retested the breakout and formed huge bullish marubozu candle in weekly time frame. Stock is looking very strong for a big bull run ahead. Stock has good fundamentals as well and can be held for long term as well. It is a good stock for multibagger investment as cement sector will definitely grow with growing infra and realty sector. Ratios at CMP are attractive PE ratio is around 18, Dividend yield is above 3%.Zero debt company. ROE, ROCE is above 20. Current ratio is above 1 and Price to sales is just around 2.
NSE:SHREDIGCEMLong
by chartistamey
SEI is setting the stage for a potential bear trap! 🐻🚫💎 Paradisers, #SEI might trap bears who entered during the recent breakdown. 💎If #SEIUSDT breaks out from the recent cup and handle pattern, we can anticipate a bullish move. This scenario would likely trigger bear stop losses, potentially driving a bullish trend. 💎However, if the price breaks down below the minor support level, it would be considered a continuation of the short-term bearish trend, and we might expect further bearish movements. For now, though, I am not interested in focusing on bearish moves, so it would be prudent to stay alert but not actively engage in bearish trades.
by MyCryptoParadise_Nathan
Castrol India - Cup & handle breakout!!Castrol India has given breakout of cup and handle pattern on weekly time frame. We need one more confirmation (pls refer my other charts to refer when we can state a confirmed confirmation). We can expect the price to move to 215+. Other factors: 1. Volume candle: pls see last weekly candle, big buy has happened 2. RSI on weekly basis is above 60; bullishness 3. MACD is also positive. "Clean Charts, Easy Charts" Learning and Earning!! Cheers!!!
NSE:CASTROLINDLong
by Cleaneasycharts
3
NBCC NEAR BREAK OUT OF CUP N HANDLE NBCC Rally - Base - Rally price action 1.First Rally, then forming Base in the Cup & Handle pattern (Volatility contraction) & then again expected Rally after break out of the neck line. 2. Close above previous day High(134.5) 3. Close above last week High(130.40) 4. High increase in 1 month (+18.7%) 5. High increase in 3 months (+18.8%) 6. High increase in 6 months (+113.6%) 7. High increase in 1 year (+250.8%) 8. Promoter holding 61.75% 9. Pledged percentage 0.00 % 10. Change in Prom Hold 0.00% 11. FII holding 4.33% 12. Chg in FII Hold -0.13% 13. DII holding 9.94% 14. Chg in DII Hold -0.46% 15. Stock PE 60.4 16. Industry PE 95.75 17. ROCE 26.4% 18. ROE 19% For Educational Purpose Only
NSE:NBCC
by Sachin_Lokchandani
1