Cup pattern breakout. Breakout on weekly chart after 1 year with good volumes. Consistently raise in volume. Stock retested breakout levels and bounced back with huge volumes.
1. Cup pattern breakout after 2 years 2. Double bottom breakout after 2 years
Rounding bottom pattern breakout with good voulmes.
HUL FUT is on the verge of breaking above cup n handle pattern ( 2522 ) on an hourly chart with decrease in OI suggesting short covering. Conditional buy only above 2522. Could be bought above 2522 with mentioned stoploss & target. Also, be bought in options with 2520 ce cmp 34 with stoploss of 2485 (fut levels)
CARTRADE attempted a long term BO, volumes are not huge but certainly above the last 50 day average. Base is a long term one so the BO might be strong if week ends with good volume. Definitely should be in watchlist for now.
NSE:PTL - PTL ENTERPRISES LIMITED Cup and Handle pattern CMP 46, open Upto 70 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
may possible breakout in confidence petro, breakout after weeks long resistance. greater chance of brekout , unless any bad news in market. formation of of two downward cup since jan 2023, now breakout with retracement at support and again bounce at weekly chart . adx indicator also showing possibility of positive upward movement . (study and make difference)
may possible breakout in shrirampps, breakout after weeks long resistance. greater chance of brekout , unless any bad news in market. adx indicator also show possibility of positive upmove.
may possible breakout in patanjali foods, breakout after weeks long resistance. greater chance of brekout , unless any bad news in market.
LALPATHLAB BO from a 250+ day High level with good volumes. This level can serve as a new support moving ahead.
The 954 levels were crucial for the stock and it has rebounded from that levels which shows good sign for the stock moreover it can rally till 1131 in few weeks . also upon completion of the 1131 level it will complete cup and handle pattern and for long term can give good returns upon breaking out which is of 1606 levels
The stock has given a breakout from a 6 year long consolidation and by forming cup and handle pattern moreover the breakout is confirmed by todays candle as it closed above yesterday 's high . the stock can give good returns in short term which is till 16.55 and for long term it can give returns till 26 rs .
Zeel Weekly Analysis - CMP 275 Buying for Target 306- 331 - 355- 370+ sl below 235 - candle closing basis
In the Weekly Chart of HINDWAREAP , we can see that; it has come down to retest the Cup & Handle. It is now on support level. Let it create a Hammer OR Show a W shape recovery.
In the Weekly Chart of APOLLOHOSP , we can see that; it is showing a strong upward momentum after testing the trendline. Soon we might see a Cup & Handle breakout. Expected momentums is shown in chart.
SOBHA BO again post last couple of weeks of shakeout. Beware of low volumes, this BO might not be with good strength. Keep an eye out to see if it attracts volume next week.
Good volumes on BO, 10 EMA > 40 EMA in the current market indicating good strength upcoming on this.