Get started

Cupandhandlebreakout

CESC - Cup and Handle BreakoutCESC Limited is an integrated electrical utility and holding company. The Company is engaged in the generation and distribution of electricity across approximately 570 square kilometers of licensed area in Kolkata and Howrah, West Bengal. TTM EPS: 10.92 TTM PE: 8.99 P/B: 1.20 Face Value: 1 Mkt Cap (Rs. Cr.): 13,017 Dividend Yield: 4.58 Sector PE 17.62 Book Value Per Share: 82.30 Positives: Strong Momentum: Price above short, medium and long-term moving averages New 52-week high today Increasing Revenue every quarter for the past 2 quarters Company with Zero Promoter Pledge FII / FPI or Institutions increasing their shareholding Negatives: MFs decreased their shareholding last quarter Inefficient use of capital to generate profits - RoCE declining in the last 2 years Inefficient use of shareholder funds - ROE declining in the last 2 years Inefficient use of assets to generate profits - ROA declining in the last 2 years Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years Declining Net Cash Flow: Companies not able to generate net cash NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
NSE:CESCLong
by babutaaniket
CONCOR: Channel Breakout & formed Cup & Handle PatternContainer Corporation has given a channel breakout and formed Cup & Handle Pattern. #Current Price - 730 #Expected Target - 870 #Resistance Based Targets - Target 1 - 750 - Target 2 - 780 - Target 3 - 814 - Target 4 - 870 #Support Based Targets (Can be used as Stoploss) - Target 1 - 688 (For low risk tradders) - Target 2 - 663 (For risk taking tradders) Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered. Please give a Like if you like.
NSE:CONCORLong
by paras0408
NAUKRI - Weekly chart - Major Trend Reversal, Cup & handle b.o.The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:NAUKRILong
by TradewithAditya
Axis Bank : Cup&HandleTrading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 980 and keeping a stop loss of 927 , look for the target of 1100-1120 in the coming weeks. Buy: CMP i.e. 980 Stop loss : 927 Tgt: 1100 Theory: The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks. As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. Trend: To qualify as a continuation pattern, a prior trend should exist. Ideally, the trend should be a few months old and not too mature. The more mature the trend, the less chance that the pattern marks a continuation or the less upside potential. Cup: The cup should be “U” shaped and resemble a bowl or rounding bottom. A “V” shaped bottom would be considered too sharp of a reversal to qualify. The softer “U” shape 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. Cup Depth: Ideally, the depth of the cup should retrace 1/3 or less of the previous advance. However, with volatile markets and over-reactions, the retracement could range from 1/3 to 1/2. In extreme situations, the maximum retracement could be 2/3, which conforms with Dow Theory. Handle: After the high forms on the right side of the cup, there is a pullback that forms the handle. Sometimes this handle resembles a flag or pennant that slopes downward, other times it is just a short pullback. The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup's advance, but usually not more. The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup. Volume: There should be a substantial increase in volume on the breakout above the handle's resistance. Target: The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.
NSE:AXISBANK
by TradingSutra
IndiaBulls Real Estate - C&H BreakoutToday price of India Bulls Real Estate broke out of a Cup and Handle formation which makes this stock bullish but one should take extra care while trading with this stock (personal opinion) otherwise the price has bursted with a great amount of volume of almost 600% more than previous day's volume and 300% more than avg. volume. Well, as always - This is just an analysis done by me, do your own research, I am not a Financial Advisor. Take care. Have a good trading day. Enjoy.
ILong
by Hmagic
GEECEE : Swing Trade#geecee #swingtrade #vcpbreakout #cupandhandle #momentumtrade GEECEE Ventures : >> Breakout done, retest happening >> VCP / Cup & Handle breakout >> Good Strength & Decent Volume >> Low Risk & High Reward Trade Swing Traders can lock 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:GEECEE
by moneyfesttrading