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Cup And Handle

MOTILAL OSWAL LOOKS GOODThe stock had a strong resistance at the 931 levels and it has successfully breached it to reach higher also apart from consolidation it has formed a series of cup and handle pattern and it has given a breakout from the same for the short term the stock can rally and give steady returns of 40% till 1400 if market conditons favour after that long term target would be 1588 which on breaking the lifetime high resistance can give unprecedented rally in the stock
NSE:MOTILALOFSLong
by keshavmaharaj958
BANKNIFTY, October 31, 2023BankNifty Forms Cup and Handle Pattern: A Bullish Continuation Signal? NSE:BANKNIFTY BankNifty opened flat on the last day and then fell sharply, approaching the gap to be filled. However, it sustained support at 42417 and bounced back, with bulls pushing the index back to the continuing uptrend. Currently, BankNifty is forming a cup and handle pattern, which is a bullish continuation signal. This pattern suggests that the uptrend is likely to continue after a brief consolidation period. The trendline I have plotted crossing the major support levels adds to the bullish outlook. Global market sentiments are also positive, which further supports the bullish case for BankNifty. I have plotted new support and resistance levels, and I will be monitoring the index closely to see how it performs in the coming days. Technical analysis is not foolproof, especially in derivative markets, but the cup and handle pattern is a strong bullish signal. I will be keeping a close eye on BankNifty tomorrow, as I believe it has the potential to continue its uptrend. NB: Please trade at your own risk. If you like my analysis, please do support and follow me to receive the updates.
NSE:BANKNIFTYLong
by UnknownUnicorn34628734
L&T Finance Holding : Breakout Candidate#L_TFH #vcp #swingtrading #momentumtrading #breakouttrading >> L&T Finance Holding : Beautiful VCP structure >> Breakout soon >> Decent Volumes & Good strength Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:LTF
by moneyfesttrading