Zydus Lifesicenses - Cup & Handle formation!!!Zydus is making a cup and handle formation. It has a small cup and handle within it. We can expect a first small target of 783, and thereafter a target of 1010+. Let the breakout happen and then we can see the price movement (pls refer o my earlier stocks to see what to see in breakout). Other factors:
1. RSI above 60
2. High buying volume (see recent candle)
3. MACD positive
"Clean Charts, Easy Charts"
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Cup And Handle
SKIPPER - BUY ACTIVESKIPPER - Skipper Limited - BUY ACTIVE
Chart Insights : Weekly Chart
Stock closed @322 on 16-Feb-24
We can see stock is under NICE formation of cup & handle and trying to break the resistance and can expect upside move if its sustain above the resistance.
BUY Active only resistance breaks and sustain above resistance & keep monitor for future investment.
Drawn support and resistance levels on chart for entry and exit reference
AEGISCHEM - Weekly AnalysisIn the Weekly Chart of AEGISCHEM ,
we can see that, it has given Cup & Handle breakout.
let it retest and then enter with SL
Tatacom - low risk entrySince today's and yesterdays trades have started to work, feeling confident to add more exposure
tata com - excellent long term structure
in.tradingview.com
entry - cmp
sl - day's low
breaking out of a low volume consolidation channel, supply is getting absorbed, and daily trend is starting to align with the weekly trend
CUP AND HANDEL PATTERN BREAOUT WITH GOOD VOLUMEMSEntry above above 431/-
With strict stop loss of :- 360/-
Holding period :- 1 to 1.5 year
Mphasis - low risk entry spotStarting to slowly build back positions again after going into all cash, will be building progressively, and be very willing to step out once again if i see selling resume in the markets
entry - cmp
sl - day's low
IT is the one major sector that has fallen the least in this fall, and also has broken out of a relatively larger base recently
JUBLINDS - BUY ACTIVEJUBLINDS - Jubilant Industries Limited - BUY ACTIVE
Chart Insights : Weekly Chart
We can see stock is under formation of cup & handle and it will try to break the resistance in coming days and can expect upside move if its sustain above the resistance.
BUY Active only resistance breaks and sustain above resistance & keep monitor
Ready to Blast Off (Positional Pick)Rattan India has given a fantastic breakout on Weekly Timeframe.
Wait for candle close and then build positions gradually as this is a positional trade.
The volume spike has been the highest ever in this stock so that gives it more confidence.
Wait for some retracement to get a better risk reward
Jubilant industries Jubilant industries with nice cup and handle pattern in weekly. Nice breakout
More fireworks above 720.
Study purpose only
Kaynes Technology India Pvt. Ltd.:- Ascending Triangle & VCP PatKaynes Technology India Pvt. Ltd.:- Ascending Triangle & VCP Pattern
Volatility contracted from 28% to 7% (from left to right)
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)