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Cup And Handle

CAPACITE : Breakout Candidate#CAPACITE #breakout #vcppattern #trendingstock #swingtrade#Momentumtrade CAPACITE : Swing Trade >> Breakout Candidate >> VCP Pattern >> Trending Setup >> Good Strength & Volumes Swing Traders can lock profit at 10% and keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:CAPACITELong
by moneyfesttrading
Is WOOUSDT Primed for a Bullish Breakout?Yello Paradisers! Could WOOUSDT be gearing up for a big move? Let’s dive in. 💎WOOUSDT has broken out of a falling wedge and formed a cup & handle pattern, significantly increasing the chances of a bullish move. But the real confirmation is still ahead. 💎If WOOUSDT breaks above the resistance zone and closes a candle above it, this will confirm the pattern, and we can then expect a strong bullish move. 💎In the case of a pullback, we could see a bounce from the support zone. For a more reliable signal, we need to see an I-CHoCH (Internal Change of Character) towards a bullish market structure, which will further increase the probability in our favor. 💎However, if the price drops below the support zone and closes a candle beneath it, this will invalidate our setup, and we’ll need to reconsider our strategy. 🎖That’s why, Paradisers, discipline and patience are key. Make sure you’re not caught off guard, and always wait for the highest probability setups. This is how you stay in the game long-term and join the winner's circle! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Naukri(Info Edge) rounding bottom patternInfo edge. It looks like it will finish the rounding bottom. Targets are big. Please follow the analysis. will update time to time also. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
NSE:NAUKRILong
by ashishhc
CRWD - Cup and Handle Breakout -DailyThis chart depicts the stock price action of **CrowdStrike Holdings, Inc. (CRWD)** on the NASDAQ, displayed on a daily timeframe. Here's a breakdown of the analysis: ### Key Observations: 1. **Cup and Handle Formation:** - The chart clearly shows a **Cup and Handle** pattern forming, which is a bullish continuation signal. - The "cup" spans from June to September 2024, with a rounded bottom, followed by a "handle" pattern, signaling a potential breakout above the resistance level. 2. **Breakout Level:** - The stock is currently trading at **$299.85**, near the 50% Fibonacci retracement level of **$299.68**, which serves as a key resistance area. - The price recently broke above **$285.27** (0.382 Fibonacci retracement), further reinforcing the bullish trend. 3. **Targets:** - If the breakout sustains, the immediate target is the **0.618 Fibonacci retracement level** at **$323.16**. - Further upside potential could take the price to **$369.55** (0.786 Fibonacci) and the all-time high of **$399.16**. - The measured move from the cup's depth suggests a price target of **$369.55**, representing a potential gain of **29.74%** from the breakout. 4. **Support Levels:** - If the breakout fails, the immediate support level is around **$285.27**, with a stronger base at the **0.236 Fibonacci level** of **$247.16**. - The lowest support for a strong reversal would be near **$200.21**. 5. **Volume Surge:** - There is a noticeable increase in volume, especially on breakout days, which adds confirmation to the strength of the bullish move. **17.875M** shares were traded on the latest breakout. 6. **Relative Strength Index (RSI):** - The RSI is currently at **69.11**, near overbought territory, which may signal potential profit-taking or consolidation before further movement. ### Conclusion: - The chart is exhibiting strong bullish momentum following the breakout from a classic **Cup and Handle** pattern. Potential upside targets include **$323.16** and **$369.55**, while support lies around **$285.27** and **$247.16**.
NASDAQ:CRWDLong
by Vem_TA_Charts
KOTAKBANK - Cup and Handle - Breakout -DailyKOTAKBANK - Cup and Handle - Breakout -Daily This chart represents the stock price movement of **Kotak Mahindra Bank Ltd** on the NSE, plotted on a daily timeframe. ### Key Observations: 1. **Cup and Handle Pattern:** - The chart outlines a **Cup and Handle** pattern, which is a bullish continuation pattern. The "cup" is the rounded bottom formation followed by a consolidation phase forming the "handle." - The pattern suggests that a potential breakout is underway. 2. **Resistance and Support Levels:** - **T1 - 1963 INR:** This is the first resistance level (Target 1) based on the pattern breakout. - **T2 - 2049 INR:** The second resistance level (Target 2). - **T3 - 2194 INR:** The final target level if the momentum continues upward. - **Support levels:** Strong support exists at **1625.95 INR** and **1543.85 INR**, which provide a downside buffer in case of price correction. 3. **Volume Trends:** - There has been a noticeable increase in volume during the recent breakout, which adds confirmation to the upward momentum. - The chart highlights a notable surge in trading volume, likely indicating significant buying interest. 4. **Pattern Breakout:** - A clear breakout is shown from the handle pattern, and the price has reached **1904.50 INR**, closing above the **1870 INR** mark. - The breakout target suggests potential upside gains of **8.99%** and **17.32%** from the breakout point, aligning with the target prices (T1 to T3). ### Conclusion: - The chart signals a bullish breakout from a technical perspective, supported by a well-formed Cup and Handle pattern, and the price has breached a key resistance zone. - Traders may look for **targets around 1963, 2049, and 2194 INR**, while being cautious of the key support levels below.
NSE:KOTAKBANKLong
by VCharts_TA
NiftyIT - CNXIT - Weekly -Cup and HandleNifty IT Weekly analysis of the Nifty IT Index, showing a Cup and Handle pattern Key Insights: Cup and Handle Pattern: The pattern began forming around mid-2022 and completed by 2023. The breakout from the handle occurred around 38,539.00, which is a critical support level now. Measured Move and Target: The chart projects a potential upside target near 51,077.75, based on the height of the cup. A 48.01% gain from the lowest point of the cup is also marked, giving more context to the potential upside. The measurement from the cup's bottom to the breakout level shows a 32.48% gain potential from the breakout point. Price Action: The index reached a recent high of 43,645.90 before pulling back slightly to 42,089.30. The pullback might be a healthy consolidation after the strong upward move. Support Levels: Key support is identified at 38,539.00, which was the breakout point of the handle. The chart shows another strong support level at 26,164.20, which was the bottom of the cup, though this level seems far from the current price. Conclusion: The Nifty IT Index appears to be in a bullish continuation phase after breaking out of a multi-month cup and handle pattern. While the target of 51,000 seems plausible, a healthy pullback or consolidation might occur around the 42,000 to 38,500 levels before further upside. The CNX IT (Nifty IT) index consists of the major IT companies Here's a list of the top stocks that are generally part of the Nifty IT Index: Tata Consultancy Services (TCS) Infosys Ltd. Wipro Ltd. HCL Technologies Ltd. Tech Mahindra Ltd. L&T Technology Services Ltd. Mphasis Ltd. Coforge Ltd. Persistent Systems Ltd. LTIMindtree Ltd.
NSE:CNXITLong
by VCharts_TA
CNXFINANCE-Nifty Financial Services - Long -Cup and Handle DailyCNXFINANCE Technical analysis of the Nifty Financial Services Index (CNXFINANCE) on a daily time frame, using candlesticks to show price movement. Here’s a breakdown of the key elements: Cup and Handle Pattern: The chart highlight a "cup and handle" formation, which is a bullish continuation pattern. The cup is seen as the rounded bottom part of the formation, followed by a small handle that tends to consolidate before a breakout. Breakout Level: The breakout point is marked at 23,917.55, and the price has successfully broken above this level, now trading around 24,326.90, suggesting bullish momentum. Target Levels: The first target appears to be 25,329.60, as per the measured move from the height of the cup. The calculation shows a 6.27% increase from the breakout level, projecting this target. Support Levels: Price Action: The candlestick shows a strong bullish move, and the index is testing higher levels, suggesting that the momentum could take it towards the 25,329.60 target. in.tradingview.com SCRIPTS AU SMALL FINANCE BANK AXIS BANK BAJAJ FINANCE BAJAJ FINSERV CHOLAMANDALAM INVEST HDFC AMC HDFC BANK HDFC LIFE INSURANCE ICICI BANK ICICI LOMBARD GENERAL INSURANCE ICICI PRUDENTIAL LIFE INSURANCE INDIAN ENERGY EXCHANGE KOTAK MAHINDRA BANK LIC HOUSING MUTHOOT FINANCE POWER FINANCE CORPORATION REC SBI SBI CARDS SBI LIFE INSURANCE
NSE:CNXFINANCELong
by VCharts_TA
Bank Nifty - Sep 18Price is moving in range for the past few days. Also it is forming rounding top pattern which is bearish. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 51200. Stop Loss : 51120. Targets : 51280, 51360, 51480, 51560 and 51640. Sell below : 50960. Stop Loss : 51060. Targets : 50900, 50820, 50700 and 50620. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:BANKNIFTY
by vanathi
Graphite INDIA- EV Boom - Buy Above 592Graphite India - leading manufacturers of graphite electrodes, which are essential for electric arc furnace (EAF) steelmaking. Graphite India Limited is one of India's leading manufacturers of graphite electrodes, which are essential for electric arc furnace (EAF) steelmaking. Founded in 1974, the company also produces graphite-related products for industrial applications, such as high-temperature and corrosion-resistant materials. Its headquarters are in Kolkata, India, with manufacturing facilities spread across the country. Financials: Graphite India has experienced fluctuations in its financial performance due to the cyclical nature of the steel industry. In recent years, the company's revenue and profitability were affected by the downturn in global steel demand and rising input costs. However, the company has remained financially stable due to its low debt levels and significant cash reserves. Graphite electrodes are a key driver of the company’s revenue, and price changes in the global market impact its profitability. Growth in the EV Sector: With the rise of electric vehicles (EVs), demand for batteries and associated components has grown. Graphite India stands to benefit indirectly from this growth. Graphite is a crucial material in lithium-ion batteries, which power most EVs. While the company’s primary focus is on electrodes for steel production, it is exploring opportunities in the EV supply chain. This diversification could open new revenue streams and reduce dependence on steel industry cycles. Future Revenue & Sales Opportunities: The future growth of Graphite India is tied to global trends in steel production, EV battery materials, and graphite-based products. With increasing investments in renewable energy and EV adoption, the company has the potential to tap into the graphite market for energy storage solutions. Expanding its presence in battery-grade graphite could provide long-term growth opportunities. Additionally, technological advancements and a focus on sustainability may allow Graphite India to strengthen its market position. Chart Details : The stock has gvien double bottom breakout. and one can enter above - 592. for targets of 700/800 and above that open sky. Stop Loss - 500. Above 700. Stock will form Cup and Handle. Disclaimer : Educational Content. Please do your own research.
NSE:GRAPHITELong
by jain_geetesh
CENTURYPLY - Breakout Cup patternCENTURYPLY has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment. Key Observations Cup and Handle Formation: The chart appears to be forming a "Cup and Handle" pattern, which can often signal a bullish continuation after a period of consolidation. Breakout: The stock has recently broken above the handle of the cup, indicating a potential bullish breakout. Volume: The volume has increased during the breakout, supporting the bullish momentum. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
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NSE:CENTURYPLYLong
by supertraders_india
2
CENTURYPLY: Bullish Breakout from Cup and Handle FormationCENTURYPLY has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment. Key Observations Cup and Handle Formation: The chart appears to be forming a "Cup and Handle" pattern, which can often signal a bullish continuation after a period of consolidation. Breakout: The stock has recently broken above the handle of the cup, indicating a potential bullish breakout. Volume: The volume has increased during the breakout, supporting the bullish momentum. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.  
NSE:CENTURYPLYLong
by supertraders_india
GALAXYSURF -Cup and Handle - WklyGalaxy Surfactants Ltd. shows a classic cup and handle pattern forming on the weekly timeframe. Key points of analysis include: Neckline: Around ₹3,120. Potential Upside Target: ₹4,014 based on the height of the cup (about 28.98% potential upside). Volume Spike: A significant increase in volume suggests strong buying momentum. Support Levels: ₹3,120. This breakout from the cup and handle indicates bullish sentiment, with further gains expected if the stock sustains above the neckline.
NSE:GALAXYSURFLong
by VCharts_TA
ICICI Bank Ltd - Cup and Handle -DailyThe chart you've shared appears to represent a daily price chart of **ICICI Bank Ltd.**, with several technical patterns and annotations, primarily focusing on a **Cup and Handle** formation. Here’s a breakdown of key components and analysis: ### **Cup and Handle Pattern**: - This is a bullish continuation pattern, indicating the potential for further upward movement. - The "cup" part is formed when the price dips and then recovers, creating a "U" shape. The "handle" forms as a small consolidation after the cup, before a breakout to the upside. ### **Support and Resistance Levels**: - **Neckline (1249 INR)**: This level is marked as the breakout point of the Cup and Handle pattern. The price has broken above this neckline, confirming the bullish pattern. - **High (1272.25 INR)**: This is the most recent high at which the price is trading. - **Potential Target (1342 INR)**: The chart suggests that the price can test this level based on the measured move from the height of the Cup and Handle pattern. - **Volume**: The volume bars at the bottom of the chart show that there was an increase in volume as the price broke above the neckline, supporting the breakout. Trend Channels: - The yellow parallel trendlines show an ascending price channel, indicating that the stock has been in a bullish trend for a while. The price appears to be respecting these lines as dynamic support and resistance. ### **Measured Move**: - There are vertical lines drawn from the neckline to the top of the cup, showing a measured move of **94.20 INR**, or an 8.17% gain, which projects a target of 1342 INR. ### **Volume Analysis**: - The chart shows a spike in volume recently, which is crucial in confirming the breakout from the Cup and Handle pattern. Strong volume usually accompanies valid breakouts. ### **Summary**: - The chart is bullish overall, with the price breaking out from the Cup and Handle pattern. - The measured move suggests a price target of **1342 INR**. - The breakout is confirmed by volume, and the ascending channel suggests the continuation of an uptrend. - As long as the stock stays above the neckline and within the upward channel, the bullish outlook remains intact. This could be a good opportunity for bullish traders if the price sustains its position above the neckline level of 1249 INR.
NSE:ICICIBANKLong
by VCharts_TA