Tilaknagar Industries - Cup & Handle Breakout - Weekly TimeframeThe analysis is done on weekly 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 markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Cupandhandlebreakout
MAHSCOOTER - Weekly chart - Cup & Handle BreakoutThe analysis is done on weekly 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 markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Cup and handle Pattern breakout in DEEPAKNTRThe cup and handle pattern is one the most reliable pattern if it shows these signs in its formation:
Big volume buying on the reversal from lows which shows that institutions are buying.
Volume dry up on pullback shows in handle shows that the supply is being consumed by institutions showing no selling pressure.
2x or 3x the average volume on pivot breakout.
Big price candle on breakout
Entry - 2185
Stoploss - 1930
Target - 2500/2600
I hope this analysis helps you take better decisions on the stock.
Thank you
Saurabh Yadav
india cements can give multi year breakoutfor exit or stop loss hekinashi would be preferable as better we follow trend ,we can see how price acted in previous years and now price is over 200 dma where the bull run takes place if all time high is broken stock can move further higher
and intresting fact is damani owns around 22 - 24% and can open offer anytime and this is under valued company compared to other cement companies
& india cements current owner actually take over the company in the psat from another promoter , so this time may be damani take overs this
[POSITIONAL] JKCEMENT Long IdeaJKCEMENT is forming a Cup and Handle Pattern. After this pattern is formed in few session it will break out of this pattern. JKCEMENT can be longed in future after break out of handle.
Entry :- 2765
SL:- 2570 (Little below the handle pattern)
Target:- 3400 / 3700
Target of 3400 should be achieved in a few months.
Weekly Cup and handle Breakout in LGBBROS?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 marked on the chart. Can maintain strict Stop loss for the trade at 620.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:LGBBROSLTD
Gabriel, strong chart, C&H & Trendline BO on daily/weekly & MontGabriel 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.
ARIHANTSUP - Cup & Handle Breakout - Monthly chartThe 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 markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Possible Cup and Handle Breakout in CL EDUCATE weekly chart
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 close above 187.
All possible targets are marked on the chart. Maintain strict stop-loss at 130.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:CLEDUCATE
CANFINHOMESCANFINHOMES 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.
TATA CONSUMER | CUP & HANDLE PATTERN | WITH EXPLANATIONLet'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 rounded and give the appearance of a "U" rather than a very narrow "V".✅
The formation of the handle area generally takes more than 1 or 2 weeks. ✅
Volume may dry up noticeably near the lows in the handle's price pullback phase.✅
The handle should also be above the stock 10-week moving average price line.✅
When a stock forms a proper cup-with-handle chart pattern and then charges through an upside buy point, which Jesse Livermore referred to as the "pivot point" or "line of resistance", the day's volume should increase at least 40-50%. ✅
Nearly all proper bases will show a dramatic drying up of volume for one or two weeks along the very low of the base pattern and in the low area of few last weeks of the handle. ✅
According to the pattern, the price target is 890 , but as a safe trader, I would consider the first target to be 850 because there might be a possibility of a triple top , and I would reduce my position sizing to half as it reaches 850, and would add as it breaks 850-855 level.
Stoploss - 750
Disclaimer: The analysis is for educational purposes. Please do your due diligence before making decisions.
[Positional] HAPPIESTMIND LONG IDEAHappiest 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
The target is expected in 3-4 months time frame.
ULTRACEMCO DAILY CHART PATTERNULTRACEMCO 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 to the CANSLIM strategy.
Weekly cup and handle breakout in West coastStock 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 averaging.
Stop Loss for averse trader will be 350 Range, and for risk taker 280.
This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.
NSE:WSTCSTPAPR
HAVE A CUP WITH SPECIALITY !!!!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 considered
on a positional basis.