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Cupandhandlebreakout

Drink Tea From This CUP !!!Bajaj Auto , one of the auto giants has been forming cup and handle pattern for past 140+ days, if it gives breakout it can give a good up move after the retest. Note :- Wait for breakout to happen. Some quick fundamentals on this stock :- Return on Capital Employed (%) = 22.96 ( great ) Return on Networth / Equity (%) = 18.7 ( great ) Total Debt/Equity = 0 ( great ) Current Ratio = 2.51 ( great ) *This analysis was done by me only for educational purpose , feel free the share your views/feedback.*
NSE:BAJAJ_AUTOLong
by headymuk
1
BEL : Strong Breakout with Strong Q4 Results 🔥🔥🔥BHARAT ELECTRONICS (BEL) About Company : Bharat Electronics Ltd. engages in the manufacture and supply of strategic electronic products to defense services. Its products are weapon systems, radar and fire control systems, electro optics and communication, vacuum interrupters, electronic voting, telecom and SATCOM systems, semiconductor devices, microwave and transmitting tubes, solar products and systems. The company was founded on April 21, 1954 and is headquartered in Bangalore, India. Analysis : BEL has formed Cup & Handle kind of a chart pattern on Daily Chart and has given a strong breakout, hits over 3-year high. Strong Q4 Results: BEL reported a strong all-round performance in Q4FY21 despite a challenging environment. Robust order inflows at Rs 15,280 crore, up 15.8 per cent on YoY and order book at Rs 53,434 crore for the year provide good revenue visibility over the medium to long term. Also, strong balance sheet provides confidence about the continued accelerated business trajectory for the company Looking good at CMP for further upside movement :)
NSE:BELLong
by urmilaghelani
Titagarh Wagons - 1.5yr Cup and HandleThis seems to be a textbook example of a Cup & Handle breakout. Look at the volumes drying up during the cup formation. And again the volumes were very low during the handle formation. Massive volumes being seen near the breakout area. Not much selling is coming in. This can explode from here to 85 then 95 (the next resistance points). SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM. Note: I reserve the right to be wrong. DISCLAIMER: I am not a SEBI registered analyst. Please consult your financial advisor before investing.
NSE:TITAGARHLong
by raavigeorgian
4
DB REALTY LONGA clear cup and flag formation can be seen in the weekly charts of DB RELTY. IT IS THEN FOLLOWED BY A GOOD BREAKOUT WITH GREAT VOLUMES!!! (OPEN CHART OF DETAILED VIEW) A retrace can be seen till the level of 25 (dotted line). Bullishness is seen in the stock!! LEVELS: Entry: CMP Target 1: 34 Target 2: 41 Target 2: 51 STOP LOSS: 19-20 TRAIL STOP LOSS RSI in momentum zone MACD just gave a crossover MA CROSS started showing bullish phase Risk-Reward Ratio FAVORABLE I would recommend going long on DB REALTY for a swing trade at prescribed levels FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS THANKS
NSE:DBREALTYLong
by Keshav2329