Cupandhandlebreakout
GMBREW - 2.5 Months Consolidation Breakout - All Time HighG M Breweries Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (July, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (1155 - 17% from the price 986.30).
4) Recommendation - Strong Buy.
CANFINHOME - Cup and Handle breakout - DailyName - CANFINHOME
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Very Good
Cmp - 931
Can test - 1048
SL - 905
Here’s a summary of Can Fin Homes Ltd’s Q1 FY25 results:
Financial Highlights
Net Profit: Can Fin Homes reported a net profit of INR 109 crore, up from INR 93.15 crore in the same quarter last year1.
Total Income: The total income for the quarter was INR 450.84 crore1.
Disbursements: Disbursements during the quarter rose to INR 894 crore, compared to INR 401 crore in the year-ago period.
Operational Highlights
Loan Book: The loan book reached INR 32,505 crore, reflecting an 18% YoY growth.
Clientele Base: The clientele base stood at 2.46 lakh2.
Segment Contribution: The salaried and professional segment constitutes 73% of the outstanding loan book.
Asset Quality
Gross NPA: The Gross Non-Performing Assets (NPA) ratio improved, indicating better asset quality.
Can Fin Homes has shown robust growth in profitability and loan disbursements, driven by strong demand for housing loans and improved asset quality.
Always welcome for any comments with your feedback or give it a like if you find it useful.
==========================================================================
Disclaimer: This analysis is for informational purposes and not financial advice. The author is not a registered financial advisor. Individuals should conduct their research and seek professional advice before making investment decisions
A year-long rounding bottom pattern on M_MFINThe key for traders is to watch for a confirmed breakout of the rounding bottom, ideally with high volume. If no immediate breakout happens and a pullback occurs, traders should stay alert for the formation of a cup and handle, which could signal an even stronger continuation of the bullish trend.
Both outcomes—whether a breakout or the formation of a cup and handle—are bullish signals, but understanding the pattern fully can help traders position themselves more effectively.
Dabur - Cup and Handle - Breakout - DailyDabur -Cup and Handle - Breakout - Daily
Price closed above 3years high .
Name - DABUR
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Good
Cmp - 662
Target - 832
SL - 659
Always welcome for any comments with your feedback or give it a like if you find it useful.
WELSPUNLIV - WELSPUN LIVING LTD (Cup and Handle Breakout)WELSPUNLIV - WELSPUN LIVING LTD
Trade Type - Short Term (2 month to 8 month)
Trade Logic - Cup and Handle Breakout with huge volume
CMP - 182.65
Time Frame - Weekly
Target 1 : 200
Target 2 : 240
Target 3 : 260
Target 4 : 280
Stop : 150
Risk/Reward Ratio (1: 2.75)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
IT Index Like Cup & Handle | Invest In IT ETF For Long termIT Index Like Cup & Handle | Invest In IT ETF For Long term
IT Index was moving sideways for long time and after a long time now it has broken out. Like a Cup and Handle, I think the IT Index do well in the long term. That is why we should invest in IT ETF for long term.
All Indicator in favour Like :-
RSI- Above 60 in Daily, Weekly and Monthly
MACD- Daily, Weekly and Monthly Positive Crossover and above Zero line
EMA- Daily, Weekly and Monthly above 50
TECHM - CUP AND HANDLE PATTERN DAILY CHART The stock has formed CUP & HANDLE pattern
on the DAILY chart.
One can enter above 1589 with a strict
Stoploss of 1531
Target 1 - 1629
Target 2 - 1670
Target 3 - 1700
Target 4 - 2150
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
EPL - Swing Trade Analysis - 14th August #stocksEPL (1W TF) - Swing Trade Analysis given on 14th August, 2024
Pattern: CUP & HANDLE BREAKOUT
- Resistance Trendline Breakout - Done ✓
- Volume Buildup at Resistance Trendline - Done ✓
- Pullback Candle with Strong Volumes - Done ✓
- Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
Potential Bullish Breakout in SAPPHIRE | Long 1550-1600Key Points:
Pattern Observed : Cup and Handle Formation with Ascending Triangle
Failed Retest : Cup & Handle Retest Failed, indicating strong resistance
Support Level : Ascending Triangle suggests strong support around 1550-1600
Entry Zone : My entry price is between 1550 to 1600 INR
Target Price : Projected target price is 1866.80 INR
Volume Analysis : Increasing volume confirming bullish momentum
Indicators : RSI currently at 44.98, indicating potential for upward movement
Follow us to get notified about potential breakout stocks.
Disclaimer:
Not SEBI Certified : This analysis is for educational purposes only
DYOR : Do Your Own Research before making any investment decisions
Disclaimer : Trading involves risks, and past performance is not indicative of future results
NYKAA : Decent breakout with good volume accumulationNYKAA is showing good momentum breakout of previous resistance.
🔰 It can rise upto the ipo highs in near future.
🟩 Range : 190-200
🎯 Target : 240 / 300 / 400
🛑 Stop : below 145 (wcb)
⚠️ Disclaimer : This is not a buy/sell recommendation. It's only a view for an educational purposes.
KFINTECH - 3 Months Consolidation Breakout - All Time HighKFin Technologies Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (May, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (990 - 13% from the price 874.70).
4) Recommendation - Strong Buy.
CAPLIPOINT LONG 1530-1545, CUP AND HANDLEBullish Indicators:
Ascending triangle pattern.
Trading above key moving averages (20-day, 50-day, and 200-day).
Potential cup and handle formation.
RSI is bullish but not overbought.
Volume spikes on upward movements.
target 1: 1596
target 2: 1800+
Note: I am not SEBI registered or TA expert. just learning the TA and sharing my views and you should consider doing research on your own before making any investment decisions.
Finished Trades (1/1)
JUBLINGREA - Target hit in 4 sessions (check out it in ideas section)
NATCOPHARM - CUP AND HANDLE FORMATION (BO FROM SUPPLY ZONE)Hi All,
This idea is about Natco Pharma
Fundamentals
Market Cap - 21712 Cr
Stock PE - 15
ROE - 25.9%
ROCE - 30%
Promoter Holding - 49.7
Quick Ratio - 3.42
D/E - 0.06
NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche therapeutic areas.
Technicals
Since May 21, NATCO has formed a complete CUP and HANDLE formation on weekly chart and has now sustained the breakout for over 2 weeks. The earlier supply zone is now acting as demand zone indicating positive price action.
This is for mid/long term investors only
Hope you enjoy the idea,
Happy Trading,
Thanks,
Stock-n-Shine
ALEMBICLTD - WEEKLY CHART WITH CUP AND HANDLE BREAKOUTHi All,
This idea is about Alembic Ltd
Alembic Limited is engaged in the businesses of Pharmaceuticals, Real Estate, and Power Assets.
Fundamentals:
Market Cap ₹ 3,087 Cr.
Current Price ₹ 120
High / Low ₹ 122 / 72.2
Stock P/E 11.5
Book Value ₹ 85.1
ROCE 4.86 %
ROE 12.6 %
Equity capital ₹ 51.4 Cr.
EPS ₹ 10.5
Promoter holding 70.9 %
Market Cap to Sales 19.6
Sales growth 23.8 %
Technicals
As can be seen in the weekly chart of Alembic Ltd, if the price crosses 123 resistance it has an upside of 13% before meeting TOP RESISTANCE. Beyond that the stock will venture into uncharted territory of making ATH
Trade should not be taken before the price close above MAJOR RESISTANCE
Cup and handle formation with trend line resistance
Happy Trading,
Thanks,
Stock-n-Shine
CAPITAL TRUST - Swing Trade Analysis - 21st July #stocksCAPITAL TRUST (1W TF) - Swing Trade Analysis given on 21st July, 2024
Pattern: CUP & HANDLE SETUP
- Weekly Support Zone Retest & Consolidation - Done ✓
- Strong Pullback candle with Volumes - Done ✓
- Weekly Resistance Trendline Breakout - In Progress
- Demand Zone retest for a Small SL and a better RR - In Progress
* Disclaimer