Cup and handle Breakout in LG Balakrishna & Bros weekly chart. Stock has given breakout from its cup and handle pattern. For pattern confirmation price has to close above 755 in weekly chart. 730-680 levels should act as strong support if the price is coming for the retest. For further strong up move, price has to close above 775. All possible targets are...
Strong Fundamentals. DII Increased stakes of 9% in Jun Qtr. Promotors are increasing stake regularly. Technically Cup & Handel Breakout seen with Good Volumes. Deliveries are > 50% (Weekly & Monthly) "No any recommendation of Trade, this is for educational purpose only".
Gabriel looks strong on daily. weekly, Monthly chart, a closing above 167 will open the Gate for 190/200+. Volumes are decent, less when it was correcting, high when it was on up move.Daily,Weekly & Monthly all the 3 RSI above 60. Disc; Holding. Please DYOR, not a reco to buy or sell.
The stock has given a breakout of the Cup and handle pattern on a weekly time frame chart
NSE:JINDALSTEL #NSE:JINDALSTEL #CupandHandle pattern shared... with a gap down stock done beautiful rally 8.2%. Even safe entry delivers 3.5%, Expecting 460 levels.
The analysis is done on monthly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Stock has given breakout from its cup and handle pattern, yet there is no significant volumes on breakout. For pattern confirmation price has to close above 170 in weekly chart. At present Stock has given a cup and handle breakout with significantly good volume in daily chart and may come for retest at 170-150 levels. For further strong up move, price has to...
NSE:JINDALSTEL #NSE:JINDALSTEL formed beautiful #cupandhandle pattern Levels marked on chart !!
CANFINHOMES showing a Bullish Sign by crossing an important resistance today. It also completed a Cup and handle pattern which is a bullish signal. Bullish Entry above @ 636 Aim for Target till @ 830 or put 5% to 10% Keep a stop loss @570 on closing basis. Please see this idea for educational purpose.
Let's first talk about the conditions for CUP & HANDLE PATTERN : Cup patterns can last from 7 weeks to as long as 65 weeks, but most of them last for 3 to 6 months. ✅ The usual correction from the absolute peak(the top of the cup) to the low point of this price pattern varies from around the12 to 15% to upward of 33%.✅ The bottom part of the cup should be...
Happiest Mind has formed nice cup and handle pattern. It hasnt broken out of the pattern yet - but expected to break in next few sessions. One can enter a LONG trade in stock in HAPPIESTMIND. Entry- 1010 (on closing basis on daily candle) . Entry will be good at this point as 1000 is nice round figure psychological support. SL 967 Target:- 929 Target:- 1221...
Tata Steel, Cup and Handle Breakout, On daily Chart. Volume above average.
ULTRACEMCO is forming a beautiful cup with handle pattern at its bottom, the handle is giving a shakedown and a long entry possibility if the high of the handle is taken out with high volume. Giving a target of 6776 (13%) which is the next area of confluence where the stock may haunt or make a pullback. Fundamentals of the stock are strong and healthy according...
Stock is having potential to reach 700 range, as we can see cup and handle breakout with good candle & volume. For that stock has to sustain above 400 range in this weekly. as we are analysis weekly chart. At present we can see 52 week high and its all time high 414 level is broken. 420 range is the best for 1st re entry price, next 400-405 Range for...
Speciality Restaurants have finally given the most awaited breakout above 182. This Cup and Handle pattern was under construction since 2015 and finally, after 7yrs it has given the breakout from the pattern. Also, the breakout is supported with volume & RSI , RSI is taking support at 60. NOTE: - This breakout is seen in long-term charts, hence should be...
Nifty chart on 75m time frame is exhibiting cup and handle breakout. We can expect a retest of this breakout back to 15900 zone post which price can move fast toward measured move target of 16600.
Axis Bank has given a perfect cup and handle pattern. As it has given a breakout, chances of stock going up till target of 750 are high. If you like this, please hit the like and subscribe :) Trade Carefully!
Coromandel has given a breakout for cup and handle pattern. For the benefit of those who are new, it is a bullish pattern. On 29/6/22 it has given a MACD breakout with good volume. It is followed up by cup and handle breakout on 4/7/22, the breakout has happened with good volume as shown in the chart. On next day it has retested the breakout level and today it...