Cupandhandlebreakout
SOTL - 2yr Cup and Handle BreakoutSuggested by @Alhad
Clean chart with good volume and price action.
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.
For educational purposes only.
Kolte Patil 1.5yr Cup and Handle / Heading for a 2.5yr Break out
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
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 3:15 - 3:30PM.
TATA STEEL - Cup and handle + RetestTravelling in a Parallel Channel.
Along the way it formed a Cup and Handle pattern and most importantly it broke out with good volumes.
Retested back to the line of least resistance and is now all set for anew journey.
All this is happening at the bottom of the Parallel Channel is great for the stock to head back to the top of the Channel.
Low Risk and High Reward
Goldiam International Multi year BreakoutDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Goldiam Monthly chart
Call it rounded bottom breakout, Inverse head and shoulders or Cup and Handle breakout fact is it registered new high after May 2006.
Add on dips 187-171 Stop loss 145
Target 1 - 185+112(handle height approx) = 297
Target 2 - 183+173(cup height approx) = 356
GMR Infrastructure - Cup and handle patternGMR Infrastructure weekly store shows cup and handle pattern formation. There is cup and handle pattern breakout. Can buy at cmp with stop loss of 25.75 or wait for some correction. Can go long with trailing stop loss.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
Triveni Engineering - Cup and handle patternThe weekly chart of Triveni Engineering Limited shows cup and handle pattern formation. Can accumulate in dips or can buy once the weekly closing is above 84 that is breakout for further up move.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)