Typical Cup and Handle breakout done on monthly clearly. Will go for the target of 4000 slowly since its a monthly pattern. Note: This is for educational purpose only.
A succesfull retest of breakout. Full positive outlook on to completition of Rounding bottom pattern.
Amara Raja Battery is likely to form a Cup & Handle Pattern. Wait for breakout from 710 level. #Current Price - 645 #Expected Target - 970 #Resistance Based Targets - Target 1 - 790 - Target 2 - 880 - Target 3 - 970 #Support Based Targets (Can be used as Stoploss) - Target 1 - 671 - Target 2 - 608 Pattern is forming on weekly chart. Disclaimer: This idea is...
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 468 and keeping a stop loss of 400 , look for the target of 600-800 in the coming weeks and months. Buy: CMP Stop loss : 400 Targets: Tgt 1: 600 Tgt 2: 800 Theory: The Cup with Handle is a bullish continuation pattern that...
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 7154 and keeping a stop loss of 6500 , look for the target of 9000 in the coming weeks and months. Buy: CMP Stop loss : 6500 Targets: Tgt 1: 8200 Tgt 2: 9000 Theory: The Cup with Handle is a bullish continuation pattern that...
For Educational Purpose.. #SHALIMARPAINTS #SHALPAINTS IS READY TO BUY LONG - On Monthly Chart Showing --- Cup & Handle Pattern Breakout --- After 6 Breakout ---- Huge Volume buying Months in Current month Waiting Time 3-6 Months Long Above - 200 SL - 160-170 Target - 210, 230 & NEW HIGHS... Thank you
Tata Consumer is breaking out of a big base in weekly charts, and volume spike can be observed today on daily charts as well.
In recent chart analysis, PPL Corporation (PPL) appears to be crafting a classic Cup and Handle pattern, signaling exciting possibilities for traders seeking a bullish trend reversal. However, it's essential for traders to exercise prudence, considering historical performance, market conditions, and risk management strategies to ride the potential upside wave in...
GRASIM Fut made cup & handle pattern on hourly charts with good OI build up & good consolidation after breakout. Very Good Risk:Reward Ratio 1:7+ Not to be missed. Could be bought with mentioned stoploss & target.
Despite limited historical data, from an educational perspective, it's notable that the stock, after two years of trading on the stock market, exhibited a breakout. This breakout was accompanied by good volume accumulation before the actual breakout occurred. In a general sense, such breakouts, especially when supported by volume accumulation, are considered...
The stock recently underwent a breakout from a cup pattern, and this breakout was characterized by strong trading volumes. Prior to the breakout, there was a notable accumulation of trading volume, indicating sustained interest and potential buying activity. The combination of a cup pattern breakout with good volumes and pre-breakout volume accumulation suggests a...
The stock recently broke out of a cup pattern, and this breakout was accompanied by noteworthy volume accumulation that occurred before the breakout. The presence of good volume accumulation implies a gradual build-up of interest and buying activity, reinforcing the significance of the subsequent breakout. Traders and investors often find cup pattern breakouts...
DATAMATICS Near BO with decent volume spike, 52 W BO, ATH BO. Good Watchlist Candidate to see if it breaks the previous high.
The stock recently underwent a substantial multi-year breakout, marking a significant event after a prolonged 16-year period. What's particularly noteworthy is the consistent increase in volume leading up to the breakout, suggesting a steady accumulation of interest in the stock. This volume pattern indicates sustained buying activity before the breakout,...
The stock recently experienced a significant multi-year breakout, marking a notable event after 15 years. What adds to the significance is the good volume accumulation observed before the breakout, indicating substantial market interest and potential buying activity. This combination of a lengthy multi-year breakout and volume accumulation suggests a strong and...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
QUESS BO out of a 91 day base, second attempt, volumes are indicating this might move ahead. Keep an eye out for it
COROMANDEL INTL, near 200SMA. Expect to face resistance at 966 and correct upto 20EMA for the support and resume upward trend. Also, formation of rounding bottom / Cup & Handle pattern suggest long term target of 1240.