Bullish 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...
Hi 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...
A sectoral analysis after quite long time. I had previously covered Nifty Pharma & Nifty Energy which have outperformed Nifty. However, Nifty IT has largely underperformed in the last 2 years as compared to broader indices mostly because of recession in western countries. The sector is in consolidation since last 3 years and all the investors of large cap IT...
Snowman Logistics is engaged in the business of Temperature controlled logistics including, but not limited to storage, transportation by road, and distribution of products requiring a temperature controlled environment. Market Cap: ₹ 1,341 Cr. Promoter holding: 46.4 % FII holding: 2.67 % DII holding: 1.16 % Public holding: 49.7 % Snowman Making a Cup and...
Geojit financial has shown cup and handle breakout from trendline. We have seen similar chart in Heromotorcorp where ATH levels have been breached. We might get to see a similar story in this stock. Do check out my Hero motor corp analysis as well. If you like my analysis, please like it and follow me for more such trading ideas.
Date: 11th July 2024 Time: 9:40AM Why KELLTON TECH? 1. Currently Sustained at All-time High Price with Strong Breakout. 2. Cup & Handle Chart Pattern is visible in Weekly and Monthly TF. Also Volume is noticeably increased from year 2021 compared to its previous years. 3. RSI above 60 and Positive Crossover in MACD. 120 to 130 Rs can be better...
Godrej Prop form Cup and Handle pattern. It was given Break out of neck line 2550. As per chart it may test 4000 soon
this good or bad news guys ... my side good stock go to high ,,,.... this good for holding like long term . inverted head and shoulder option 1 is like a cup and handle and option 2 is inverted head and shoulder IF YOU LIKE MY IDEA ……like its Disclosure : I am not Sebi-registered. This channel is for only educational purpose. Any...
Date:9th July 2024 Time: 12:43PM Why EPL? 1. In a Weekly TF , EPL is showing Cup & Handle Chart Pattern , and successfully Breakout with Good Volume candle. 2. 100EMA working as support underneath. 3. Multiple trendline Breakouts already happened. with SL of 220 Rs, Target will be 322 Rs.
Date:19th July 2024 Time: 9:49 AM Why CYBERTECH SYS? 1. Stock has favorable P/E Ratio ~27. and sustaining good levels. 2. In Daily TF, Cup & Handle is clearly visible with strong breakout today in smaller TFs. 3. NIFTY IT is also in good momentum and this one is from IT industry too. Target will be- 327~ Rs Further update later as it moves
MPHASIS (CMP: 2,873) has given a breakout on weekly chart. The stock has formed a cup and handle pattern on weekly chart. Possible upside from current level remains for 3,000, 3,200, 3,500. Also increasing volumes can be seen on weekly chart. #MPHASIS Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst....
SUPRIYA (head & shoulder) targets are open 1st 360 , 2nd 410 SL .. always 5 % below already i share my study prediction on this stock but see on chart you can see following points 1) cup & handle . 2) Descending Triangle Pattern with break out . not retext. 3) support & resistance and added is 4) Head and shoulder...
JUSTDIAL This stock Multi-year breakout with high volume spike today getting last movement upper circuit so .. buyer are very aggressive looking . Price Pattern: There is a cup and handle pattern forming, with the cup's bottom forming around the 2022-2023 period and the handle forming recently. The breakout from the handle is a positive sign and could lead...
CMP 34400 any dip upto 32K is buy as 32000 was strong supply zone which beacame demand zone now formation of cup and handle pattern and breakout done target 35000 / 36000 / 37000 / 38000 / 39000++ Regards.. Keshav.. 24/10/2023
cmp 60 Strong resistance 70 above it bullish moves possible up till--- Breakout Targets-- 100 / 130 / 155 / 180 1) Formation of cup and handle pattern. 2) moving in parallel channel 3) Following trendline support 4) Rejected breakout around June--July 2022 5) Breakout expected now above 70 6) value addition 7) Good...
CAPLINPOINT showing cup & handle pattern breakout with volume
Incorporated in 1995, CyberTech Systems and Software Ltd provides Information Technology and Software Development Services to customers primarily in USA. Making a Cup and Handle pattern. Market Cap: ₹ 623 Cr. Promoter holding: 36.4 % FII holding: 0.01 % DII holding: 0.00 % Public holding: 63.6 % Looks good to buy on dip.
DO NOT MISS THIS BREAKOUT! A clean volume breakout with retest done in daily TF. Stock will fly from here. A small consolidation can be expected which is best time to accumulate this stock We might not see this stock at this price in coming few years again. A good fundamental auto ancillary stock