HDFC BANK is creating bullish cup and handle like pattern in weekly chart. If it cross 1722 with bullish candle and good volume than it can gain more 450 point in long term horizon with target of 2172.
BANKNIFTY It will be wonderful if this pattern completes the rest by tomorrow. There is some relation to the previous highs and tomorrows resistances and some pivot points. Though it has a high percentage of possibility to happen. (This is only my perspective. Do your own analysis and confirm before making any decision.)
ASHIANA:- Cup and handle pattern has formed, wait for breakout, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...
march 7/03/2023 Signet industries is near an important resistance-turned support zone , where it gave a breakout from a cup and handale pattern. Targets of 55-57 can be achieved in the short term. Wait for further consolidation and confirmation for the stock to touch its recent 52 week high.
GMRINFRA | Cup & Handle + Triangle setup - Potential for 25-30% CMP : 44 SL : 38 Target : 52
Buy above 40920 with the stop loss of 40840 for the targets 41020, 41140, 41280 and 41440. If we have gap up then we can buy above 41140 with the stop loss of 41020 for the targets 41280, 41400 and 41520. Sell below 40720 with the stop loss of 40800 for the targets 40600, 40520 and 40400.
BANDHANBNK:- Cup and handle pattern has formed, breakout has also given, keep your eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...
1) wait now for a breakout above 829 levels 2) enter with a small sl below 800
Cup and Handle Pattern in Nifty (SL on 15 min. candle close) Buy above 18141 SL 17300 Target : 22030 CMP 16945 @ 24 March, 2023 Chart by CA Savita Rehlan
Chart pattern insist me the above titled opinion Reasons 1. BEL is in formation of a Inverted Cup & Handle (Handle in progress) 2. Lower high and Lower low formed (confirming bearishness) . 3. Gap b/w 15th & 16th Day candle can act as Strong resistance. 4. Target & SL levels mentioned @ Chart. 5. BEL may take support @ Green trendline (Major Support...
CROMPTON:- Cup and handle pattern has formed, wait for breakout, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...
A good Cup & Handle view on Monthly/Weekly time frame and a good daily breakouts with great volumes. A long term Position can be taken at a price of 900.. Disclaimer: This is for Educational purpose not for investment. Please invest after consulting with your financial expert.
Rounding top formation is complete at 16820 - 16860 zone. We can expect more fall if the price break it. Buy above 17020 with the stop loss of 16960 for the targets 17080, 17140 and 17200. Sell below 16820 with the stop loss of 16880 for the targets 16760, 16700, 16620 and 16560. Time and price wait for none.
Hello everyone, I have identified a short pattern in Banknifty, which can be seen in the chart above. Banknifty has broken down from a head and shoulders pattern, as well as breaking through a channel. I want to make it clear that I do not recommend taking this trade as it is very high risk. Instead, please view it as an educational trade. I have personally...
AEGIS LOGISTICS made a cup and handle formation on daily time frame, close above 400 on a daily basis will confirm a breakout
Fundamentals : Strong, Consistent growth Sales, Profits, EPS, Growing Reserves Vs Low Debt, FII holding increased significantly. High Dividends payout, showing strength in weak market! Technicals : Bullish, ATH, Broken C&H Pattern with good Vol, above MAs. R1: 1000 R2: 1100 R3: 1200 S: 765
Weekly Breakout Classical Cup & Handle Pattern With 10% as Stop Loss Target 35% from CMP
Price has formed a rounding bottom pattern. Buy above 17120 with the stop loss of 17090 for the targets 17150, 17180 and 17210. Sell below 17050 with the stop loss of 17080 for the targets 17020, 16980 and 16950.