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Cup And Handle

SURYA ROSHNI for 60% (approx..) GainSURYAROSHNI is showing cup and handle Breakout on weekly chart. fundamental is also good. check on ( www.screener.in ) Volume is also good. CMP : 975 TG : 1400 SL : Below 21 EMA Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on Daily chart. Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision. Learning : Stop loss is very important concept in stock market it will protect your capital but prepare to invest in another to recover your money from other one. If you don't know what is this ? how to place it ? go to YouTube there are 100's of videos available, learn from it. " Learning is Life ". Disclosure : Going to Hold
NSE:SURYAROSNILong
by SthitaprajnaYogi
2
Cup and Handle pattern breakoutA Cup and Handle pattern breakout accompanied by strong volume at the breakout level is a bullish signal. This pattern typically signifies a potential upward trend, with the consolidation (handle) preceding a breakout. Good volume at the breakout level adds confirmation to the pattern, suggesting increased market interest and potential for sustained upward movement. Traders often view such setups as positive indicators for entering long positions.
NSE:MSTCLTDLong
by nsdtrading