TATA STEELNSE:TATASTEEL has formed good base. Once breaks above 109
Can give good Bullish momentum. Expecting a Rally.
Cupandhandlebreakout
BREAKOUT IN UGARSUGAR - CUP & HANDLE BREAKOUTStock came back to zone in last month where it traded in high volume in march 2022
and settled for some days and
now it broke the ATH resistance with huge volume
Classical Cup & Handle Breakout in BHELClassical Cup and Handle Breakout in Bharat Heavy Electricals Ltd
Fundamentally this is one of the undervalued stock in the Capital Goods - Electrical Equipment sector which comes under Electric Equipment industry.
52 week high also broken and candle closes above that level with marubozu candle supported by volume.
Target are mentioned in the chart.
Stop loss below 68 level.
This is just a view not recommendation, do your own analysis before making any investment.
NSE:BHEL
GRASIM 1D SWING TRADE Grasim industries formed cup and handle pattern and it's near about breakout then we take this trade
Entry :1850
Target : 2600
SL : 1665
Risk reward : 1:4
Do your own research 🙏
ICICI Bank : Breakout SoonICICI Bank : Cup & Handle Breakout Candidate
Enter above safe Entry Levels
Good Strength & Volume
Happy Trading !!!
NSE:LT (CUP WITH HANDLE, FLAG)After giving a CUP WITH HANDLE Breakout, it formatted a flag pattern consolidation. Today it's gave a Break-out. We can expect 8% UPSIDE with 3.5% DOWNSIDE Risk.
Entry - 2020
SL - 1955
Target 1 - 2075
Target 2 - (2150 - 2180)
HAL - Cup & Handle Pattern Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
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
Grasim - Cup and Handle formationGrasim is forming a cup and handle pattern on the daily charts and once it breaks the 1830 levels (which is a main pivot level as it forms the ends of the cup), a significant up move can be expected. Given that the RSI is also crossing 60, breaching of the 1830 levels can be expected in the next 1-2 days.
Following the breach, the first major resistance will be at the 1890-1900 level, which is close to the all time high and also matches the 0.5 level of trend based fib extension. Hence this can be considered the 1st target and 0.786 and 1 levels considered T2 and T3 respectively
Potential Growth upto 35% in VEDANTA LTDPredicting Cup and Handle Format, if its break 315 Price Zone, then we can expect 35% upwards potential growth in NSE:VEDL .
This is for education purpose only, no indications for any sign for buy or sell call.
Sundaram FastnersA Very nice Cup&Handle breakout patten is observed.
Trade: Buy above 970, SL: 950, T: 994
Supreme Industries: Breakout Ready with volumeBullish on NSE:SUPREMEIND
Cup&Handle formation
The long term resistance line is broken with good volume build up.
Long with a SL of 2140, T1: 2350/2460.
Wait for the price to retest the 2170 level. If it stays above, go for it.
BHARAT BIJLEE - Strong Cup & Handle Breakout - Swing TradeThe 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.
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.
RAILTEL: Cup and Handle breakoutNSE:RAILTEL has a perfect, copy book Cup & Handle pattern formation.
The chart looks bullish with the following properties:
A long term Cup & Hande formation with a good volume breakout.
If it sustains above 120, one can go long with a SL of the neckline of the Cup & Handle pattern (i.e. 117)
Long above 120 with a SL of 117.
GRANULES INDIA
Coming out of cup and handle pattern after good consolidation.
With pharma sector nicely poised , this stock looks good.
Cup & Handle Breakout in CIGNITITECCup & Handle Breakout in CIGNITITEC
Entry: 617
Target 1: 670
Target 2: 815
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
BOB Cup Handle PatternCup handle pattern forming here in BANKBARODA
May be a good opportunity for long term
NHPCDISCLAIMER: I'm not a sebi registered research analyst, This is for educational purpose only, Take your financial advisor for buy-sell recommendation.
NSE:NHPC
great breakout on daily timeframe
20-25% upside possible in few days.
RAMAKRISHNA FORGINGPrice Comming Out Of Cup & Handle Pattern.
Keep Stop Loss Below The Low Of Break Out Candle.
BLUE STARCup & Handle Pattern Formed With Nice Price Action. Pin Bar Formed At Resistance.
Stock Has Done Well Last Week When Entire Stocks Were Going Down, So Good Relative Strength As Well.
On The Verge Of A Breakout.
MAHINDCIE - Cup n Handle BreakoutNSE:MAHINDCIE
Strong breakout in Mahindra CIE from a cup n handle base with a new high on relative strength.
Can lead to a good momentum above the ATH levels.
Global Sentiment MattersCup and Handle Pattern formation.
The breakout did not n done.
Global sentiment is negative.
Levels are on the chart.
Praj Industries Ltd - Cup & Handle + Ascending Triangle Breakout📊 Script: PRAJIND (PRAJ INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500 / NIFTY INFRASTRUCTURE / NIFTY SMALLCAP
📊 Sector: Industrials Capital Goods
📊 Industry: Engineering & Construction products
Time-Frame : Daily - Ascending Triangle Breakout
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages also giving crossover .
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Cup & Handle + Ascending Triangle.
📈 Current RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 443
🟢 Target 🎯🏆 - 500
⚠️ Stoploss ☠️🚫 - 414
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
