In the Weekly Chart of HCLTECH , we can see that; after multiple times failure of Cup & Handle, It has given trendline breakout but it is not strong. let it retest and then wen achieve good Risk ratio award.
In the Weekly Chart of DABUR , we can see that; it is building a strong Price Action towards Cup & Handle breakout. Keep a watch for investing.
Buy @ 855 SL 841 (SL on 15 min. candle close) Target : 950 CMP @ 855 June 23, 2023 Chart by CA Savita Rehlan
Chart patterns look optimal for a short trade in Voltas Reasons 1. VOLTAS has been taking support at the its 10 YEAR OLD SUPPORT TRENDLINE (bright green line- from 2013 till now ) 2. Right now, it is in its downswing move inside the channel pattern. 3. [b ]Inverted Cup & Handle pattern too formed and given BREAKDOWN today (27/04/23) 4. As per...
Entry-cmp sl- 302 PSU banks are breaking out after long consolidations, first was bank of baroda, now canara bank three contractions within base, recent shakeout, plus volume drying up are signs that the stock is now ready to move higher
* Cup & Handle * Breakout from contra trendline * Decent volumes * RSI just crossing 50 * Support taken (handle) at 101.40 * Targets 1. 115 2. 130 3. 140 * Stop Loss 99.50 * Monsoon period. High activity and focus. * Good R:R
NLCINDIA Parallel channel breakout on Weekly Timeframe and Cup and handle breakout on Daily TimeFrame . Target 1 = 103.30 Target 2 = 107.75 Target 3 = 111.95 Stop loss = 92.60
Cup & handle in jswsteel in weekly timeframe. Waiting for breakout.
Attached: Daily Chart as of 16th June 2023 Holding above 182, a Target of ~ 200 is pending🎯📈 Rationale behind this Setup: - Observe Multiple Volatility Contractions as Price is forming a VCP - Strength on any Dip as it gets bought - Higher Highs and Higher Lows are intact - Price trading near 52 week high zone - PSU Banks are doing better than Private Banks so...
In the Weekly Chart of PCBL , we can see that; it has given breakout from Cup & Handle Pattern. Let it retest. Expected momentum is shown in chart.
In the Weekly Chart of JYOTHYLAB , we can see that; after the failure of Cup & Handle, we can expect recovery AND breakout from here. Expected momentum is shown in chart.
In the Weekly Chart of KSCL , we can see that; after the failure of Cup & Handle, we can expect recovery in W pattern. Expected momentums are shown in chart.
In the Weekly Chart of VIPIND , we can see that; it has given breakout from Cup & Handle Pattern. Expected momentum is shown in chart.
Will catchup with other defence stock rally ..forming classical breakout pattern
In the Weekly Chart of ROLEXRINGS , we can see that; it has given breakout from Cup & Handle Pattern. Let it retest. Expected momentum is shown in chart.
In the Weekly Chart of ASTRAZEN , we can see that; it has given breakout from Cup & Handle Pattern. Let it retest. Expected momentum is shown in chart.
Reversal cup pattern is going to form in upcoming days. So definitely an downtrend momentum. Target 1--118.75 Target 2--109 this for educational purpose only...
Buy above 1525 SL 1482 Target : 1598-1673 CMP @ 1512 June 18, 2023 Chart by CA Savita Rehlan