Technical:-
It has forming Cup and Handle kind of structure on daily chart while taking support on the Parallel chart trend of weekly which seems much strong enough to give it bounce to touch the upper line.
Target would 1900/2300/3000+
Time frame: 1 month / 3 months / 1 year
Fundamental : PVR-INOX merger got approved recently. People has given better...
APARINDS:- The stock has given a breakout by forming a cup and handle pattern and has also done retesting. keep on radar
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PNCINFRA:- The stock has also given a breakout by forming a cup and handle pattern and has come for retesting, keep an eye on it
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As always, simple and neat charts so everyone can understand and not make it too complicated.
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LAMBODHARA:- Stock has formed cup and handle pattern on monthly chart. Volumes are also good. Keep an eye on it.
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CHENNPETRO:- Formed a rounding bottom and consolidating near the resistance, if the breakout together sustains above, we can see the stock going upside. keep in radar
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RAJESHEXPO:- The stock has given a breakout by forming a cup and handle pattern, keep an eye on the stock
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CHEMBOND:- Stock has formed cup and handle pattern on daily chart, keep an eye on the stock
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After a 200 EMA cross, it again tested 200 EMA and has bounced back forming a Cup and Handle on charts.
Above 454 closing, expect targets of 487-511-532-572-650.
SL would be a closing below 390 on daily charts.
Always use trailing SL in your profitable trades.
*This is just a view, trade at your own risk.
ZYDUSLIFE:- Stock has formed cup and handle pattern wait for breakout till then keep your eye on stock
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CHEMBOND:- Stock has formed cup and handle pattern on daily chart, keep an eye on the stock
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As always, simple and neat charts so everyone can understand and not make it too complicated.
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LANDMARK:- The stock has given a breakout by forming a cup and handle pattern and has come for retesting, keep an eye
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POLYCAB:- Stock has also given breakout by forming cup and handle, keep an eye
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PROZONINTU:- Stock has formed cup and handle pattern, give breakout and sustain, only then do some planning but with strict stop loss
You can plan the trade as per your risk appetite now
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
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will be posting more such...
NELCAST:- Stock has given breakout by forming cup and handle pattern keep an eye on it
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NIFTY 50 index is forming a cup and handle top formation on the hourly chart with 17780 as its base. A breakdown below this level can take the price down to 17300 zone.
Keep watch.
