BUY - ASHOK LEYLAND CMP - Rs. 145 Target - 1: Rs. 195 Target - 2: Rs. 260 . . Technicals - Cup and Handle BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
MAHINDRA & MAHINDRA or M&M is breaking out of a 2month cup and handle pattern and sustaining for 2 days above the breakout. It is important it sustains the breakout to move higher. Recent volume and RSI high.
On previous post of AB Money I mentioned the advantage of early entry, and by that I meant this. Today the 5 year long Cup and Handle pattern formed in AB Money(Finally) and now can be the good time to take entry in the stock. Pros. - 1. Nice pattern 2. Not magnificent but good volume 3. Other indicators are bullish Cons. - 1. Overbought as per...
If price crosses above 7500, targets can be 7550, 7650 and 7750 depending on the holding period.
UNION BANK | Cup Formation | Imbalance Filling | Swing Trade Chart Analysis 1) cup formation 2) imbalance filling started
Tata Steel has given a clear Cup and Handle breakout. The breakout is supported by good volume as indicated in the chart. In near term looks like it will reach 150. CMP: 128 Target: 150 SL: 117 These are my views, please do your due delligence. If you like this, please hit the like and follow me :)
TCS this week is trying to break out of a cup and handle pattern lasting 1.5 years. Volume and RSI is high this week. Coinciding with breakout in other tech stocks and CNXIT. Important it stays along with tech sector above the breakout level over next few weeks to sustain rally.
UCOBANK has rapidly broken out of a huge 6 Year Cup Handle pattern. The massive breakout over the last 2 days has pushed it over 35%! Huge volumes and high RSI. No wait for profit booking and see if it sustains. The whole PSU bank pack is breaking out.
DBREALTY is now poised to breakout of the huge 10 year cup with high volume and high RSI. Watch for massive breakout if it happens.
ARVIND:- Cup and handle pattern has formed on the monthly chart, if we get breakout then we can see movement to the upside Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my...
PUNJAB SIND BANK (PSB) is showing a 5 year Cup Handle Breakout with high RSI and good volumes. Obviously it is the week's first day and the weekly candle is still forming so look out for the candle close is important and the breakout should sustain over the next weeks. The PSU bank sector is also bullish now as many other banks are breaking out too.
GLAND PHARMA is gearing to break a 3 year resistance and has created a 1 Year Cup and handle and retesting levels after a prolonged downslide over 3 years. Volume and RSI are high.
KSL or KALYANI STEEL has done a massive 6 Year Cup and Handle Breakout. It then retested the level and brokeout again with highest volumes. High RSI.
Monthly charts show cup and handle formation. Good for long term Investment.
BUY - RELIANCE POWER. CMP - Rs. 12 Target - 1: Rs. 20 Target - 2: Rs. 25 Target - 3: Rs. 60 . . Technicals - 1) Cup and Handle Pattern. 2) Bullish Flag BO . . Follow me for more! . . This is a view by an expert analyst, please trade at your own risk.
IDBI BANK is breaking out of a 2 year long cup and handle pattern with high volume and high RSI. The breakout is sustaining over the support.
COALINDIA has given breakout of 4 year cup and handle and sustaining breakout. High volume and RSI
MANINDS is breaking out of a massive 17 year resistance. Recently also crossed a huge cup and handle pattern. High volumes and High RSI.