Cup & Handle Breakout + Golden Cross Confirms Bullish Megatrend Timeframe: Daily
Ticker: NSE:SIEMENS
🔥 Key Technical Setup:
Cup & Handle Pattern:
Cup Depth: ~1026 points
Breakout Level: 3414 (multi-touch resistance).
Golden Cross Confirmation: 50 EMA crossed above 200 EMA (bullish long-term momentum shift).
Volume & Price Confirmation:
- Entry Trigger: Close above 3414 with a strong green candle + above-average volume (min. 1.5x 20-day avg volume).
- False Breakout Filter: Volume must surge to validate breakout.
🎯 Trade Strategy:
Entry Zone: 3415–3430 (after confirmed breakout).
Stop Loss: 3169 (swing low of the handle, below key support).
Target 1: 3750
Target 2: 4170
Final Target: 4455 (cup depth projected from breakout: *3414 + 1026 = 4440–4455*).
The trade targets 4455, but reaching this level will take time—patience is key as price works through resistance at 3750 and 4170.
📉 Price Action Mantra:
“Price absorbs all noise! Trade the CHART, not the news.”
📊 Why This Works:
1. Golden Cross Amplifies Momentum: Post-crossover, rallies average +25% in trending stocks.
2. Cup & Handle Statistics: 85% success rate when volume confirms breakout.
3. Volume Divergence: Declining volume in handle + surge on breakout = institutional accumulation.
⚠️ Risk Management:
Position Size: Risk ≤1% capital per trade.
Trailing SL: Move SL to 3300 after Target 1 (3750) hit.
Partial Exit: Book 50% at 3750, 25% at 4170, hold 25% for 4455.
🧠 Psychology & Market Structure:
Resistance Levels to Watch:
3750: Profit-taking zone.
4170: Key options barrier (break = accelerated FOMO).
Support Floor: 3200–3169 (must hold to preserve structure).
Set alerts, follow volume, and let price lead the way!
📌 Disclaimer:
This is not financial advice. Past performance ≠ future results. Conduct your own due diligence. Technical analysis has limitations and may not account for black swan events. Manage risk aggressively.
Cupandhandlebreakout
DEEPAKFERT | Cup and Handle Breakout |Retest | DailyHere's the **technical analysis** for **Deepak Fertilisers (DEEPAKFERT)**
---
### 📝 **Technical Analysis – Deepak Fertilisers (Daily Timeframe)**
**Date:** May 28, 2025
**Pattern Identified:** ✅ *Cup and Handle Breakout*
---
### 1. **Chart Pattern Overview**
* A textbook **Cup and Handle** formation is complete.
* Price has **broken out** above the neckline resistance of **₹1327**, with strong bullish momentum.
* This breakout signals the potential beginning of a **fresh uptrend**.
---
### 2. **Volume Confirmation**
* **Breakout candle is supported by high volume**, indicating genuine buying interest.
* Volume has surpassed the 20-day moving average — a critical confirmation for pattern reliability.
---
### 3. **Price Action Summary**
* Price action shows a prolonged base, forming the cup.
* The handle showed minor consolidation before the breakout.
* Breakout level: ₹1327
* Current price: ₹1444.70
* Immediate resistance broken cleanly with a wide bullish candle.
---
### 4. **Target Calculation**
* **Cup depth**: ₹435.85
* **Target Price** = ₹1327 + ₹435.85 = **₹1761.00**
➤ This gives a **potential upside** of **\~22%** from current levels.
---
### 5. **Support & Risk Management**
* **Key Support Zone**: ₹1327 (former resistance turned support)
* **Aggressive SL**: ₹1370
* **Conservative SL**: ₹1325 (breakout base)
---
### 6. **Trend & Sentiment**
* With this breakout, sentiment has flipped **strongly bullish**.
* Follow-through price action and continued volume spikes will further validate the move.
---
### ✅ **Conclusion**
* **Pattern**: Cup and Handle
* **Breakout Level**: ₹1327
* **CMP**: ₹1444.70
* **Target**: ₹1761
* **Stop-loss**: ₹1370–1325
* **Bias**: Bullish
* **Strategy**: Buy on dip / Hold for target with trailing SL
---
Would you like a **voiceover script** for this chart as well, or shall I combine this with the previous stocks for a full video/audio narration?
MOREPEN LAB - CUP AND HANDLE PATTERN (BULLISH )More pen Lab has formed CUP AND HANDLE pattern on the Daily charts and has given a breakout with good volumes.
A cup and handle price 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. A cup and handle is considered a bullish signal signalling an uptrend.
Morepen Labs is trading above its 11 & 22 day EMA. RSI is at 73 and MACD is well above zero line signalling positive momentum.
CMP- Rs. 66
Target Price- Rs.90 ( 35%)
SL - 62
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
SAMHI HOTELS - CUP AND HANDLE PATTERN (BULLISH )SAMHI has formed CUP AND HANDLE pattern on the Daily charts and has given a breakout.
A cup and handle price 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. A cup and handle is considered a bullish signal signalling an uptrend.
SAMHI is trading above its 11 & 22 day EMA. RSI is at 61 signalling positive momentum.
CMP- Rs. 186
Target Price- Rs.233 ( 25%)
SL - 181 ( Breaking the Neckline)
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
DELHIVERY- CUP AND HANLDE PATTERN BREAKOUT ( Bullish)Delhivery has formed CUP AND HANDLE pattern on the Daily charts and has given a breakout .
A Cup and Handle price 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. A cup and handle is considered a bullish signal signalling an uptrend.
Delhivery is trading above its 11 & 22 day EMA. RSI is at 73, MACD is above zero line signalling positive momentum.
CMP- Rs. 318
Target Price- Rs390 ( 25 % upside)
SL - 300 ( Breaking the confirmation Line)
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Mahindra Logistics- CUP AND HANLDE PATTERN BREAKOUT ( Bullish)Mahindra Logistics has formed a CUP AND HANDLE pattern on the Daily charts and has given a breakout with good volume.
A Cup and Handle price 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. A cup and handle is considered a bullish signal signalling an uptrend.
The target of this pattern signals an upside potential of 30% from the current price level in medium term.
Stock is trading above its 11 & 22 day EMA. RSI is at 68, MACD is above zero line signalling positive momentum.
CMP- Rs. 331
Target Price- Rs415 ( 30% upside)
SL - 315
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Vintage Coffee and Beverages Ltd (VINCOFE) - Daily ChartVintage Coffee and Beverages Ltd (VINCOFE) - Daily Chart
Pattern: A clear "Cup and Handle" pattern is identified.
Cup: Formed roughly between late February 2025 and late April 2025, with the low around 75.00.
Handle: A small consolidation (handle) formed in early May 2025.
Breakout: The price appears to be breaking out or has just broken out above the neckline of the cup and handle pattern, which is around the 103.00 - 103.25 level.
Volume: There's a noticeable increase in volume on the breakout day, which is a positive sign, adding strength to the breakout.
Target: The depth of the cup (approximately 29.70 points) is projected upwards from the breakout point. This gives a potential target of around 134.68.
Support: The breakout level around 103.00 - 103.25 should now act as support. The low of the cup (75.00) is a more significant support.
Resistance: The immediate resistance would be the recent swing highs during the handle formation, and then the projected target of 134.68.
Interpretation: The chart suggests a bullish outlook following the Cup and Handle breakout, supported by good volume. The stock has the potential to move towards the 134.68 target as long as the breakout level holds.
PNB Housing Finance – Weekly Positional Setup🏠 PNB Housing Finance – Weekly Positional Setup
🧭 Strategy: Cup & Handle breakout | 🏦 Sector: Housing Finance / NBFC
🔍 Setup Overview
The stock is trading above key DMAs, indicating strong trend alignment 🔼
Sector momentum is clearly picking up — Housing Finance & NBFCs showing traction 📈
After briefly breaking below its ascending channel, price is now attempting a re-entry — often a bullish sign of reclaiming strength 🔁
A Cup & Handle pattern is forming on the weekly chart — a classical continuation setup 🏺
The first breakout zone was ₹1034.05, which had decent Weekly volume — but caution due to weakness seen in Daily TF 📉
📊 Volume Insight (Why It Matters)
✅ Weekly TF shows volume spike during recent bullish move
⚠️ However, on the Daily TF, red candles had higher volume — suggesting distribution or supply at higher levels
⛔ Avoid low-volume breakouts — these tend to fail or trap early entries
🔑 Wait for a clean Weekly close above ₹1086.50 with volume support(Risk Takers can take the leap now)
🧩 Confluence Factors (Multiple Confirmations = Stronger Setup)
Pattern is forming inside a long-term ascending channel
Reclaiming the channel = bullish structural strength
Sector strength + stock above all key moving averages = powerful context
All this happening in a period where broader market (Nifty 500) is still below 200DMA, making relative strength stand out
⚠️ Macro & Technical Risks
Price could stall or reverse at the positional target near ₹1432.70 (ATH zone)
Geopolitical uncertainty and macroeconomic shifts (rate changes, FII flow) could derail the move
If volume does not accompany breakout, avoid or reduce position
🛡️ Risk Management & Strategy
Use ₹934.70 as SL, based on structure, strictly on closing basis
Total risk: 13.36%, potential reward: 31.85%, giving R:R = 1 : 2.36
Only enter after clear breakout confirmation with volume
This is a positional setup, not a short-term one.
Most important: Position sizing is critical — don’t overcommit on early setups
🎯 Educational Note
Cup & Handle setups are most powerful when supported by:
Multi-timeframe confirmation 📈
Sectoral strength 🏦
Channel/structural context 📐
Volume breakout 📊
Patience is your edge. Enter only when all the pieces align.
Disclaimer: This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any securities. Always conduct your own research and consult with a qualified financial advisor before making any trading decisions. Past performance is not indicative of future results. Trade responsibly.
RADICO – Cup Base Forming | Testing Waters, No Diving Yet📈 RADICO – Cup Base Forming | Testing Waters, No Diving Yet
RADICO is forming a classic cup base on the weekly chart, trading above key DMAS with improving structure and RSI strength. A pilot entry to test the strength of the setup — not a full position.
🔍 Technical Overview
🟢 Structure: Well-formed cup attempting a neckline test
⚠️ Volume: Currently drying up — wait for breakout + volume spike
📍 Entry: Early Pilot Entry t at ₹2,552.45
✅ Add only if ATH breaks (₹2,638.95) with a clean weekly candle and volume confirmation
⚖️ Risk Management
❌ SL is deep (~15%) — manage position sizing carefully
💡 Expect shakeouts — volatility remains elevated
🧠 This is a positional pick, not a short-term play
🔄 Risk: Reward planned near 1:2, but no hard target in the current market volatility
⚠️ Macro Context
Nifty 500 is still below its 200 DMA
The market is not fully out of danger
Be nimble, not aggressive
🧠 Final Thoughts
Test the setup, don’t commit fully yet
Let volume confirm — breakout without power = trap risk
Trade as per your style
Risk management isn’t optional — it’s survival
📉 Disclaimer:
This is not investment advice. For educational purposes only. Do your own research and manage capital based on your strategy.
Bajaj Finserv Cup & Handle at Play! Will It Break Out?📌 Setup Overview:
Stock in a 4-year trading range 📊 and currently trading just below this range.
Cup and Handle formation ☕ along with a potential VCP setup (Volatility Contraction Pattern).
No left-side resistance—unlike stocks that fell 40-50%, there are fewer trapped buyers here.
Volume gradually increasing 📈, a necessary condition for a strong breakout.
Finance sector showing strength 💰—index is trading above key DMAs and broke out of a base first.
Stock is trading above key DMAs, adding technical confluence.
🎯 Trade Plan:
✅ Entry: Above ₹1,941 🔼
✅ Immediate Resistance: ₹2,035 (Watch Price Action at this level)
✅ Stop-Loss (SL - Closing Basis): ₹1,547.80 (20.29% below entry)
✅ Target (Tentative Positional): ₹2,510.30 🎯
📌 Risk-to-Reward (R:R) & Percentages:
SL Percentage: ~20.29%
Target Percentage (from ₹1,941): ~29.34%
R:R Ratio: 1:1.44
⚠️ Key Risks & Considerations:
1️⃣ Immediate Resistance at ₹2,035 – Monitor price action here. If rejected, wait for a re-entry after confirmation.
2️⃣ Deep Stop-Loss (~20%) – Adjust position sizing accordingly. Do not go all-in at once.
3️⃣ Market Structure: If broader markets remain weak, reassess if Bajaj Finserv is showing relative strength or struggling.
📌 Final Thoughts:
Wait for breakout confirmation above ₹1,941 with volume. 🚀
Monitor PA at ₹2,035—strong close above this strengthens the setup.
Stick to SL discipline and trail as stock moves higher.
📢 Disclaimer: This is for educational purposes only. Not financial advice. Always manage risk and do your own research before making any trades.
🚀 Trade smart & stay disciplined!
HIKAL LTD - Long-Term Cup & Handle Breakout | Weekly ChartHIKAL LTD - Long-Term Cup & Handle Breakout | Weekly Chart
🕒 Timeframe: 1W | NSE: HIKAL
📅 Date: April 18, 2025
💰 CMP: ₹431.60
📈 Volume: 4.57M
🔍 Chart Highlights
☕ Cup & Handle pattern forming over a multi-year base, suggesting a potential long-term breakout.
📏 Breakout Zone (Resistance):
🟪 ₹440–₹460 (purple zone) – Multiple rejections in the past. Price is now testing this major supply zone.
📉 Downtrend Resistance Line:
Price has broken above the falling trendline, confirming bullish strength.
🟩 Support Levels:
₹400 (recent breakout retest zone)
₹360 (previous structure low)
📈 Resistance Ahead:
₹470 (long wick area)
₹510 (supply zone)
🧠 Technical Indicators
📊 RSI (Relative Strength Index)
RSI at 61.63, approaching the bullish zone
RSI breakout above previous bearish structure
“Bull” and “Bear” labels show previous sentiment shifts
🔔 Conclusion
✅ A classic Cup & Handle breakout on weekly timeframe with strong volume surge
✅ Above key resistance with bullish RSI — suggests potential continuation
⚠️ Watch for sustained close above ₹460 for confirmation
🔍 Chart by: PriceAction_Pulse
📬 For more detailed insights, follow on TradingView
✅ Educational purpose only — DYOR before any investment decision.
JSW Steel – Strong Setup but Manage Risk 🔹 Trend: The stock is in a strong uptrend, forming Higher Highs & Higher Lows (HH-HL) on the long-term charts. Trading inside a well-respected ascending channel 📊.
🔹 Moving Averages: Trading above key DMAs, indicating strength.
🔹 Volume: Increasing, a positive sign 📈.
🔹 Sector Strength: The Metal Index is showing early signs of leadership, trading above the 50 & 200 DMA, while most indices are still below 200 DMA.
🔹Forming a Cup and Handle pattern.
🔍 Technical Setup & Strategy
🚀 Breakout above ₹1,061 – Watch for volume confirmation before entering.
📌 Entry Levels: Above ₹1,061.
📌 Stop Loss (SL): ₹879 (Closing Basis).
📌 Positional Target: ₹1,290.
⚠️ Risk: 17% – Position sizing is critical!
📈 Risk:Reward (R:R) – 1:1.35 (Could improve if adding at better levels).
🛑 Risk Management & Caution
⚠️ Avoid going all-in at once! Stocks often pull back to the channel bottom before continuing up.
⚠️ Potential Bull Trap? The overall market remains weak; this could be a counter-trend movement. Stay cautious.
⚠️ Confirmation Matters! If the stock retests the channel bottom & reverses strongly, that’s a great entry opportunity.
🔎 Observations
✅ JSW Steel held up well in the correction, dropping less than 18% – showing resilience 💪.
✅ Metals are cyclical – be patient with entries and buy in phases 📊.
💡 Final Thought: Strong setup, but risk control is key! Breakout traders can enter above ₹1,061 with volume, while pullback traders can wait for a retest near the channel bottom.
📜 Disclaimer: This is for educational purposes only. Not financial advice. Always do your own research and manage risk accordingly! 🚀📉
ZEEL : Breakout Candidate#zeel #trendline #breakout #patterntrading #chartpattern #cupandhandlepattern #momentumtrade #swingtrade
Zeel : Swing Trade
>> Trendline Concept
>> Cup & Handle chart pattern visible
>> Moving Avg Concept also suggests Breakout of 50 EMA
>> Breakout point of Trendline / Chart Pattern & Moving Avg concept are all in confluence at same point. (Refer both charts)
>> Hence its a Breakout candidate, probability is higher
>> Upside potential is of 20-25% & Downside Potenial is 9-10%
>> So a good 1:2 Risk Reward Trade
Swing Traders can lock profit at 10% and keep Trailing
Please Boost, comment and follow us for more Learnings.
Note : Markets are still Tricky and can go either ways so don't be over aggressive while choosing & planning your Trades, Calculate your Position sizing as per the Risk Reward you see and most importantly don't go all in
Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
UPL Ltd - Cup & Handle Breakout Setup📊 Trade Plan:
Breakout Entry: Above ₹662 (With 4x-5x Volume Confirmation)
Stop Loss (SL - Closing Basis): ₹581.95
Target 1 (T1): ₹775
Target 2 (T2): ₹831
Current Price: ₹646
📈 Risk & Reward Calculation:
Risk to SL: ₹646 - ₹581.95 = ₹64.05 (9.91%)
Reward to T1: ₹775 - ₹662 = ₹113 (17.07%)
Reward to T2: ₹831 - ₹662 = ₹169 (25.53%)
Risk-Reward (R:R):
To T1: 1:1.72 ✅
To T2: 1:2.57 ✅
📊 Technical Highlights:
✅ Cup & Handle Formation: Classic bullish pattern with a potential breakout
✅ Trading Above Key DMAs: Supports bullish structure
✅ Sectoral Strength: Agrochemicals showing momentum, aiding UPL
✅ Volume Confirmation Needed: Avoid entry without 4x-5x volume spike
✅ Trading Against Trend: Trade light, no heavy positions
📉 Fundamental Concerns:
❌ ROE (-4.28%) & ROCE (3.29%) are poor: Indicates weak profitability
❌ High Debt & Low Efficiency: Capital allocation is not optimal
❌ Dividend Yield (0.15%) is Low: Not an income-generating stock
❌ Market Cap: ₹48,512 Cr – Large cap, but currently weak performance
🔎 Key Insight:
UPL's fundamentals are weak with low profitability (negative ROE) and poor return on capital (ROCE 3.29%), meaning the stock relies more on technical breakout rather than strong financial backing.
⚠️ Risks Involved:
❌ Breakout Failure Risk: If ₹662 is not sustained, stock may fall
❌ Sector Volatility: Agrochemicals are cyclical, demand-dependent
❌ Overall Market Weakness: If Nifty falls, UPL may struggle
❌ Fundamentally Weak: Not ideal for long-term holding
🚨 Disclaimer:
⚠️ This is not financial advice. Trade light and avoid heavy risk, as this setup goes against the long-term trend. Ensure proper risk management before entering. Volume confirmation is a must! 🚀
Bajaj Healthcare - Fresh Opportunity for Upside Move! 📈 Bajaj Healthcare - Fresh Opportunity for Upside Move! 🚀
🔍 Key Observations:
Stock is forming a CNH (Continuation Narrowing Pattern) on the daily timeframe.
Broke out of a 3-year-old trading range on 18th Dec 2023.
Consolidating in a narrow range since 19th Dec 2023.
Volume confirmation (3x-5x) and a strong candle needed for breakout confirmation.
Broader markets are still in a weak structure (LL-LH), so trade cautiously.
🎯 Trade Setup:
Entry: Above 717 (Breakout level).
Stop Loss (SL): Closing below 595 (17.01% risk).
Target 1 (Positional): 942 (31.38% reward).
📊 Risk-Reward (RR):
RR Ratio: 1:1.8
💡 Trading Strategy:
Initial Entry: Buy above 717 with a small test quantity (limit position size).
Add More: On breakout and retest (if it occurs).
Overall Position Size: Keep it low as we are trading against the broader market trend.
Wait for Confirmation: Broader markets need to show signs of reversal (closing above 50-200 DMAs) for scaling in further.
⚠️ Disclaimer:
This is not investment advice. Trade at your own risk.
The broader market is still in a weak structure (LL-LH), and the probability of failure is high.
Always use proper risk management and limit position size.
Past performance is not indicative of future results.
📌 Key Takeaways:
CNH pattern suggests a potential breakout.
Volume confirmation is critical for validity.
Trade cautiously in a weak market environment.
RR of 1:1.8 offers a favorable setup if the breakout sustains.
🚨 Final Note:
Personally, I will scale in only when the broader markets show signs of reversal (closing above 50-200 DMAs).
Until then, trade lightly and stay disciplined!
V2 Retail Ltd: CnH Breakout Setup🛒 V2 Retail Ltd: CnH Breakout Setup
Entry: ₹2,002.85
Stop Loss (SL): ₹1,687 (on closing basis; -15.77%)
Target:
🎯 Positional Target: ₹2,323 (+15.98%)
🚀 Why this trade?
Chart Pattern: Clear Cup and Handle (CnH) breakout with the stock trading in an ascending channel.
Trend Confirmation: The stock is maintaining its position above key Daily Moving Averages (DMAs), confirming strength in the uptrend.
Sectoral Tailwind: Budget 2025 brings a positive outlook for the consumption and FMCG sector, supporting this trade's fundamentals.
Volume: Increasing, but it still needs improvement to strengthen the breakout signal.
⚠️ Key Observations and Risks:
Resistance Ahead: The channel top may act as resistance, so price action near these levels should be watched carefully.
Market Context: Broader market trends are weak, making this a counter-trend trade that adds an element of risk.
Volume Concerns: Volume is yet to fully confirm a breakout; a retest is possible.
📚 Educational Insights:
Channel Tops as Resistance: In ascending channels, the upper boundary often acts as dynamic resistance; breakout strength depends on volume.
Risk Management: With a wide stop loss (closing basis), position sizing becomes critical to limit exposure.
This is a positional trade, so short-term fluctuations shouldn’t influence decisions prematurely.
✅ Suggested Approach:
Take small positions initially to minimize risk while testing the market.
Monitor volume and sector strength for additional confirmation.
Avoid over-leveraging in trades with broad SLs, especially in counter-trend setups.
📈💡 "Adapt to market behavior, but always trade with discipline and patience."
Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Trading and investing involve significant risk, and past performance is not indicative of future results. Please consult with your financial advisor before making any trading or investment decisions. Always manage your risk and trade responsibly.
Tata Cons. Prod. Cup and Handle BO.NSE:TATACONSUM today gave a Cup-and-Handle Breakout, with the RSI and MACD Showing Buy Strength as it crossed Major Levels.
Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade with the recent base being crucial and the Size of the Cup as the Target on the upside as it usually is for cup & Handle Breakout.
Target(Take Profit):
1087 Levels for Swing/Positional Trader.
Stop-Loss:
Around 926 For Swing Trader and a Recent Base of 880.35 for Positional Trader.
📌Thank you for exploring my idea! I hope you found it valuable.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Bullish Outlook on #AIIL#AIIL Authum Investment & Infrastructure Ltd. has shown a promising breakout from a prolonged consolidation phase, forming a Cup and Handle pattern on the daily chart. Key
observations:
Volume Confirmation: The breakout is accompanied by a significant rise in volume, confirming strong buying interest .
All-Time High Potential: The price is moving toward uncharted territory, suggesting strong bullish momentum.
Support Zone: The consolidation range now acts as a strong support zone for any pullback.
Relative Strength: The stock is outperforming its peers, showcasing superior relative strength.
Recommendation:
Entry Point: Buy on dips near the breakout level (around ₹1,850–₹1,900) for optimal risk-reward.
Target: ₹2,100 and above, based on pattern projections.
Stop Loss: Place a stop loss below ₹1,750 to manage risk.
Authum appears to be in Stage 2 (Advancing), making it an attractive candidate for positional traders. Fundamentals and further price action will dictate long-term potential.
JUBLFOOD : Breakout Stock (1-3 Months)#JUBLFOOD #swingtrade #breakout #patterntrading #chartpattern #Trendsetup
JUBLFOOD : (1-3 Months)
>> Cup & Handle Breakout on Daily
>> Stock in Uptrend on Monthly chart
>> Trending setup & Strong on Higher Time Frame
>> High PE Stock but expecting couple of Good Quarters ahead so with Good Income PE may reuduce considerably
>> Expecting atleast 20-25% upmove
Swing Traders can lock Profit at 10% & Keep trailing
Pls Boost, comment and follow for more Learnings
Note : I have taken Position in it Today for initial 1-3 months tym Frame Expecting 20-25% Returns
Disc : Charts shared for Learning purpose and not a Trade recommendation. Consult your Financial advisor and do your own analysis before taking position in it.