Hindalco (29 Sep 2023) Cup and handle pattern Buy above 495 SL- 466 Target- trailing Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
- as the index made a new on 25th Aug, MCX made a higher low, mostly just consolidated on lower volumes - volume patterns in recent times are extremely bullish, wide range candles on upside, with massive volumes - volumes on the recent pullback are very low, indicating no institutions are exiting - low risk entry around 1620, with at 1575, about 2.75% -...
MAHINDRA & MAHINDRA or M&M is breaking out of a 2month cup and handle pattern and sustaining for 2 days above the breakout. It is important it sustains the breakout to move higher. Recent volume and RSI high.
Currently, there are very few good setups to trade in the market, among the large caps, colpal is in a very good structure trading with low of day as sl
Stock is forming a Cup and handle pattern. with great volumes for past couple of days. Disclaimer: This is for Educational purpose not for investment. Please invest after consulting with your financial expert.
HUDCO has completed the massive 5 year long cup is now trying to breakout of it. Volumes and RSI are high.
VIPCLOTHNG | Cup & Handle breakout - Looks potential for 30-40% short term CMP : 51 SL : 44 Target : 72
A Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of BSE:BATA1! Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly...
If price crosses above 7500, targets can be 7550, 7650 and 7750 depending on the holding period.
In the Weekly Chart of IITL , we can see that, it has multiple rejections at 110 level. Also, multiple Pinbars are created near trendline. Trade with strict SL.
In the Weekly Chart of ADORWELD , we can see that, it gave Cup & Handle breakout in Second attempt. It has now retested the trendline and created a Hammer candle. Enter on breaking its High with Low as SL.
In the Weekly Chart of ADANIGREEN , we can see that, after the Cup & Handle failure, it is near the Resistance and in same range since 7 weeks. Also, 2 hammer candles have formed. Enter on breaking Current candle's high with Low as SL. once you enter, hold till upper target of 1700.
In the Weekly Chart of JUSTDIAL , we can see that, it has retested properly and now it has created a Pinbar. Enter on breaking its high with low as SL. Also, we can see that it under the formation of a big Cup & Handle. Keep in radar for better % of gains.
In the Weekly Chart of APTUS , we can see that, it is forming a Cup & Handle Chart Pattern. Enter on breaking the candle's high with low as SL. possible momentums are shown in chart.
Sun Pharma consolidating after giving Cup and Handle pattern breakout. Forming poll and flag pattern on weekly time frame. breaking above 1170 would activate flag pattern and Target would be 1400
Biocon is showing cup and handle pattern. It did crossed the neck line, however, couldn't sustain. The cup and handle pattern resistance is neckline and to have a successful breakout, there should be a green candle which breaks neckline and thereafter, a subsequent green candle closing above that candle. In Biocon, that subsequent closing above the breakout...
A text book pattern can be seen in UBL after a strong downfall since december 2022 prices started to consolidate near may-june and formed a cup and handle pattern. Breakout done with decent volume and strong candle. As per pattern target can be its all time high i.e. 1800, but let's take a small target of previous swing high which is 1685 with a stoploss below...
In the Weekly Chart of INDSILHYD , we can see that, it has small Cup & Handle breakout which is under a big Cup & Handle. Let it retest and go Long.