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Cupandhandlebreakout

Inverted Head and Shoulder on WTF and Cup and Handle on DTF - LTSome Knowledge about MY patterns here : 1) Cup and Handle : Appearance: Looks like a cup profile with the handle on the die right Reversal or consolidation: Short-term (up to 3 months) bullish consolidation Failure rate: 26% Failure rate if waited for a breakout: 10% Average rise 38%, with most likely rise between 10% and 20% Throwbacks 74% Percentage meeting and predicted price target: 49% using full formation height, 73% using half formation height Cups with a higher right lip perform better, 40% versus 35 % average gain.
NSE:LTLong
by Averoy_Apoorv_Analysis
Mrs Bector - Cup & Handle formationAs you can see Mrs Bector has formed Cup & handle pattern in Daily time frame. Entry : Safe to enter above 460 (only if daily candle close above it ) Stop loss: 449 Targets : Target 1: 500 Target 2: 500+ with strict trailing stop loss ( i.e Stoploss should be previous day low ) Points to remember - Always wait for the confirmation, dont jump in runing candle - Always keep a strict Stop loss - Once a breakout is done, there is 99% chance it will come back to re-test Please note : This is for educational purpose only
NSE:BECTORFOODLong
by r-ya
McDowell_N / United Spirits - Cup and handle pattern🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:UNITDSPRLong
by PrakWorld_Traders
India Bulls housing - Cup and handle pattern🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
ILong
by PrakWorld_Traders
Cup and handle pattern in GUJRAFFIA - Multi year breakout.A cup and handle pattern is clearly visible on the daily charts while on the weekly charts, stock has broken a long-term resistance around Rs 76. I would consider this pattern to be bullish and targets of around 110 can be seen in a few weeks. We can expect a minor consolidation before a breakout and those can be very good levels to enter the trade. Kindly note, this is not a recommendation and only an analysis. Only for educational purpose.
NSE:GUJRAFFIALong
by NandanChaturvediTrade
Federal Bank Cup and Handle BreakoutAs shown in Chart Fed Bank has given Cup and handle breakout in multiple time frame with very good volume ... Levels are already mentioned in the chart.. Looks very good above : 92.50 for the target of 120+ Things to remember 1) Always wait for Confirmation, dont just jump in running candle 2) Condition for breakout is ... it should break the range with big green candle with good volume 3) There is 90% chance after a successful breakout, it should comeback to Re-test the support, which was once resistance 4) Always keep trailing Stop loss. Note : I am still learning .. let me know if i missed anything Disclaimer : This is purely for education purpose only
NSE:FEDERALBNKLong
by r-ya
Great Opportunity for Long in Maruti 1. Formed both "Cup and Handle" & "Inverted Head and Shoulder" 2. Re-test Done successfully 3. Breakout happened at major resistance 4. Raising Volumes during breakouts 5. RSI is also at good level Buy at Current Market Price (around 7425) Target 1 at 8340 Stoploss at 6800 ** Target and Stoploss may vary, depend on one's Risk-Reward Ratio ** This one is purely based on my analysis ** This can't be taken as buy signal ** Do your own analysis before investing your hard earned money into any stock
NSE:MARUTILong
by Navinraj_Varatharajan
2
Dabur --- Cup and Handle Formation - BreakoutHi guys as shown in the Chart Dabur has formed Cup & Handle Formation and given a breakout with Big Green Candle with very good volumes - Currently it is coming back to retest the Support which was once Resistance - Buy once it Sucessfully test the Support and bounce back from it ... Buying Setup :- -- You can currently buy in Dips till Support 582 or you can just wait for it to complete the re-testing phase - For Super Safe side ... buy above the Current high i.e 594 Stop loss is mentioned in the chart Targets are generally the 100% of the Depth of the cup , so if we measure it targets can be : T1 = 612 T2- 640 Note : I am still a learner ... So if i miss anything ... Please let me know :) Disclaimer :- This is just for education purpose only ... not a trading advice.
NSE:DABURLong
by r-ya
Trading Patterns 101 - The Cup & Handle patternWhat is a Cup and Handle pattern? • The pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. • This drop, or “handle” is meant to signal a buying opportunity. When this part of the price formation is over, the stock may reverse the course and reach new highs. • It is a bullish continuation pattern i.e. it extends the existing uptrend Parts of a Cup and Handle pattern: The cup and handle chart has 3 main components: • Cup • Handle • Neckline/Resistance Important aspects: 1. Prior Trend: The cup and handle pattern is a bullish continuation pattern, hence the prior trend should be an uptrend. 2. Cup length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. It should resemble a rounding bottom. This ensures that the cup is a consolidation pattern with valid support at the bottom of the “U”. The perfect pattern would have equal highs on both sides of the cup, but this is not always the case. Avoid cups with sharp "V" bottoms because there is almost no consolidation in that case. 3. Cup depth: Ideally, the cup should not be overly deep. In practice, the cup depth can be up to 60% of the last swing move. In my opinion, the best cups often have a depth of about 50% of the last swing. 4. Handle: Avoid handles that are overly deep also, as handles should not exceed 50% depth of the cup. The best cup and handle patterns have a shallow retracement on the handle (not more than 1/3 of the cup). However, in some situations, the price may retrace up to 0.618 Fibonacci level. 5. Breakout: Bullish confirmation comes when the pattern breaks above the neckline made using the prior highs with a good volume. 6. Volume: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high. 7. Target: The profit target is equal to the depth of the cup. It can be measured by the distance between the bottom of the cup and the neckline and extending that distance upward from the breakout level. 8. Stop-loss: Ideally, the stop loss is placed at the lowest point of the handle. But if the price oscillated up and down a number of times within the handle, the stop-loss can also be placed below the most recent swing low. Examples of the Cup & Handle pattern: Like always, if anyone is interested in getting a PDF version of this thread, then you can message me, I'll provide it. Happy learning. Cheers!
NSE:SAIL1!Education
by johntradingwick
18