Cupandhandlepattern
HPAL / HP ADHESIVES LTD - 1 Yr Consolidation / IPO base breakoutHPAL
1) Time Frame - Weekly.
2) Previous Life Time High was 109.30. It has been consolidationg since 2022 January & given a breakout in weekly time frame currently.
3) It's a consolidation / IPO base breakout with strong bullish candle & Good volume.
4) Recommendation - Strong Buy
Cup n Handle Pattern Lovable Weekly Chart : Cup and Handle Pattern formation,
CMP 158.85
Target : 399.15
SL : 110
Risk is yours and Reward is too yours totally.
Reward : Risk Ratio = 6.17 : 1,
Time Frame : 1 to 3 years.
View is educational purpose only.
RIIL on verge of big breakoutRIIL (W), forming C&H pattern. Stock taken support at 200ema near 800 and now gradually rising. Stock after breakout will deliver at least 3x return from here
Hero motors-Green days ahead?Hero motors stock has formed a cup and handle pattern from past 4 years.
A breakout of this pattern will unlock new highs for the stock.
From investment POV, stock offers attractive dividend yield of more than 3% at CMP.
Some ratios from fundamental analysis are:
D/E is almost 0
ROCE>20%
ROE>15%
PE is 20 at CMP
For trading purposes, stock is risky considering broader markets are at lifetime high.
Best buy level is anywhere close to 2930-2950 with SL of 2700 DCB.
Targets are 3300 and above that stock can fly to ATH if market supports.
IDEA SHARED ONLY FOR EDUCATIONAL PURPOSES.
RELIANCE IND INFRA RIIL BREAKOUTReliance Ind Infra {RIIL}
cmp 1100
Buy at cmp or at retest
Any dip upto 1000 is buy
keeping 950 as Weekly Closing Basis Stoploss For--
targets🎯 1150 / 1200 / 1250+++
Above resistance Zone 1070
Attempted trendline breakout
Attempted Cup & Handle pattern too
Fresh Breakout above 1250
Value addition
INVESTMENT PICK
technical trade setup
Regards..
Keshav..
15/10/2023
ZUARIIND Trade set up1. Set up: Cup & Handle Breakout
2. Strength: Strong
3. In line with market
4. Breakout: Yet to confirm the closing for the week
5. RR: Very lucrative
Sterling Tools about to break Cup and Handle formationwatching out for consolidation formation near 390-80 zones for entry with max 6-7% stop. Due to gaps formed last week at the moment don't have stop loss of 6-7% range current stop is deep towards 330.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgment while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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UJJIVANUJJIVAN:- Stock has formed cup and handle pattern, plan something only after breakout till then keep an eye on the stock
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 other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
DAMODARIND Nice Swing Opportunity ??!!! Better not to Miss!!!!Chart patterns look convincing for a long swing trade
Reasons
1. Cup & Handle is in process.
2. 0.618 fib level broken out with volume(weekly timeframe) .
3. Double bottom with low and higher low .
4. Good volume support at perfect levels.
Safe to get in after Cup & Handle Breakout....
Risky entry can be made if keeping the SL as Day close below 50.
Quick Target can be the Neckline(70 level)!!!
Fundamentally,
Operating activity has been showing good numbers.
Promoter pledge has been in the negative side of this stock...
Will update once it breaks out!!!
If pattern gets breakout....target as per pattern can be 120 level.
Let's see how it moves!!!
Note: Just Sharing my view...not a tip nor advice!!!
Ge power Stock have technical breakout but no fundamental support to breakout and sustainable at upper level
Your risk concern take own decision for buy and sell or hold
No recommendation for buy and sell
Technical aspects I discussed in chart
As breakout Target can get soon
Finolex Industries ready to BreakoutForming Cup and Handle Pattern Breakout Chart and also forming Ascending Triangle Chart Pattern
CMP is 237
Hold for long term
260
300
350
367
Sequent Scientific- C & h breakout done decisivelyCup and Handle breakout done last week.
Targets are mentioned in the chart as red lines which is nothing but the intermediate resistances. The green colour is the final target.
Note: This is for educational purpose only.
Right time to invest in WIPROIn weekly chart we can see after double top price was fall. And whole 2023 reate a strong support at 441.70.
Very Strong Support - 441.70
Now 464 resistance level is breaking. If we see this week creating a red candle but volume is good and as expected price will go higher and touch 500 within couple of month.
It Creating cup and handle pattern.
If we see very carefully couple 7 consecutive 7 week creating green candle with a good volume.
It's a good sign for investor.
MotherSon SumiLooking Good For Swing, Mother Gave a Cup & Hndle Patter at 1Week Time Frame
KEEP ON RADAR
GODREJ INDUSTRIES - MID TERM ANALYSIS - 30th December #stocksGODREJ INDUSTRIES (1M TF)
Mid Term Trade Analysis given on 30th December, 2023
Pattern: CUP & HANDLE BREAKOUT
- Breakout of Resistance - Done ✓
- Volume Spike Buildup at Resistance - Done ✓
- Retracement & Consolidation - In Progress
- Targets are much larger, but lets start somewhere
#stocks #swingtrade #chartanalysis #priceaction #traderyte
3i Infotech- BULLISH(Daily) BULLISH(Weekly) BULLISH(Monthly)3i Infotech- Inside the monthly cup and handle pattern, a weekly cup and handle formed and broke out. After that Flag pattern formed in daily and brokeout today for the target of 50, 60, 70, 120 and 220 finally in a longer term.
Note: This is for educational purpose only.
JKPAPER | CUP & HANDLE BREAKOUT near ALL TIME HIGHS!A strong Cup & Handle formation with a Healthy Breakout of both Price & Volume. Target planned as the Height of the C&H Neckline.
C&H structures are High Probability Continuation patterns showcasing a solid base ( Cup ) & good consolidation ( Handle )
Disclaimer: This is merely an observation & NOT a Trade recommendation. Please take trades at your own discretion & analysis.
Greenpanel can bring greenery in portfolio!Trade logic:
Simple horizontal level resistance breakout of 400 which is also the neckline of Cup and Handle pattern.
Levels mentioned on chart. Stock has consolidated since long. We can expect quick upmove.
ROTO PUMP UPTRENDNSE:ROTO Pumps Ltd. The stock has competed 2 down cycle and 1 Up cycle making higher highs in up cycle and higher lows is down cycle. The stock is trending since 21-11-2022 backed by improved quarterly / yearly earnings. In process of completing #cupandhandle pattern formation.
Open for further studies not a recommendation. Please do your risk analysis prior to investing. Stock Market is subject to market risk please make your own due diligence prior investing.
Khadim- C&H breakout done. but flag breakout pendingKhadim- C&H breakout done on monthly but in a parallel channel now which is kind of flag pattern. can c momentum after the flag breakout only for the target of 524 and 660.
Note: This is for educational purpose only.
Elgi Equipment- CUP and HANDLE Breakout pendingElgi Equipment- Handle formation yet to complete for the target of 770. Even after C&H breakout, weekly candle close above 583 only will give momentum to fly higher.
Note: This is for educational purpose only.
Heritage Foods- Cup and Handle Breakout pendingHeritage Foods- C&H breakout pending for the targets of 330, 450 and 500. Weekly candle close above 288 is necessary to achieve the above mentioned targets.
