Cup And Handle
KOTHARIPRO - Go LongFor Educational Purpose..
⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased
⚠️ No Buy Sell recommendation, do your own Analysis.
#KOTHARIPRO IS READY TO BUY LONG
- Near 52W High - 186.70
- Last Week Volume massive
- On Monthly Chart Showing Cup & Handle Breakout
Waiting Time 1-3 Months
Long Above - 175
SL - 125
Target - 200, 225, 250 & More...
Thank you
GUJARAT NARMADA VALLEY ..GNFCa decent rise in volumes near a breakout arena
If we look at the last few months, the fertilizer companies have done well.
chambal fert, facts, etc are just to name a few
a rounding bottom does generally well with a medium-term perspective
expect the stock to do well as long as its above 700 mark
Multi patterns and Multi year breakout1. The stock gave a good strong breakout after 15 years.
2. Double bottom pattern breakout is seen monthly chart.
3. Cup and handle pattern breakout is seen in weekly chart.
4. A good volume accumulation is seen at the bottom of the cup formation.
5. After giving breakout stock retraced to the breakout level and bounced back with a strong bullish candle.
Affle - Breakout madeAffle India has given a cup & handle breakout.
Cup & Handle is much reliable pattern in technical analysis. But still never trade without SL.
Note: Volumes are good in weekly but not so good in daily. This means that SL is important and it may take a longer time for the target.
CMP : 1204
Breakout level: 1185
SL: 1110
Target: 1340
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
Dharmaj- c&h breakoutDharmaj- Textbook Cup and handle formation done on daily. Went into a parallel channel while forming handle. Today slight breakout of parallel channel is done.Still Entry should be taken only after weekly close above 280 only for the target of 400.
Note: This is for educational purpose only.
Divis Lab- Divis got wings to flyCup and handle breakout done for the target of 5000. The beauty here is Inverted head and shoulder formed in the handle and it broke out first. Intermediate Resistances are mentioned in the chart in red colour and the final target in green.
Note: This is for educational purpose only.
Hero MotoCorp - Cup & Handle PatternHero Moto Corp has broken cup and handle pattern. With all other parameters we can expect the first target of 3700. Other parameters:
1. Volume is rising
2. MACD is positive, above the line and making green histograms
3. RSI is above 60
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!!