Get started

Cupandhandlepattern

CRAFTSMAN [cup&handle]CRAFTSMAN The chart seems to display a cup and handle formation, which is a bullish continuation pattern. After forming the "cup" (rounded bottom), the price consolidates, forming the "handle." The breakout from the handle typically signals a continuation of the upward trend . The price appears to have broken out above the resistance level that was part of the handle, indicating a potential start of a new upward movement. The price has broken out of a consolidation pattern, indicating bullish momentum. The first and second target levels ("1st TRG" and "2nd TRG") are plotted above the current price, suggesting expected future resistance levels where the price might take a pause or reverse. 1]1st Target (TRG): The first target seems to be near ₹6,700. 2]2nd Target (TRG): The second target is closer to ₹7,800. The breakout point around ₹5,700 could now act as a support level. If the price pulls back, this level might provide buying interest. The breakout appears to be accompanied by an increase in volume, which is a positive sign, confirming the strength of the move. Retest of Breakout: Watch for a potential retest of the breakout level around ₹5,700. If the price successfully holds above this level, it would further confirm the bullish trend. Risk Management: Consider placing stop-loss orders below the breakout level or near the handle's low to manage risk effectively. Trend Strength: Continue monitoring the volume and price action as the price approaches the target levels. If the volume decreases, it may indicate weakening momentum. for MORE check in my Tv-id " in.tradingview.com " If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its. "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏🙏
NSE:CRAFTSMANLong
by asAMOLSUTAR
WELSPUNLIV - WELSPUN LIVING LTD (Cup and Handle Breakout)WELSPUNLIV - WELSPUN LIVING LTD Trade Type - Short Term (2 month to 8 month) Trade Logic - Cup and Handle Breakout with huge volume CMP - 182.65 Time Frame - Weekly Target 1 : 200 Target 2 : 240 Target 3 : 260 Target 4 : 280 Stop : 150 Risk/Reward Ratio (1: 2.75) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
NSE:WELSPUNLIVLong
by Profit_Trader25
2
IPCALAB - CUP AND HANDLE PATTERN WEEKLY CHARTThe stock has formed CUP & HANDLE pattern on the WEEKLY chart. One can enter above 1383 or Wait for weekly candle close above 1383 with a strict Stoploss of 1240 Target 1 - 1650 Target 2 - 1820 Target 3 - 2000 #LONGTERM TRADE What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:IPCALABLong
by JJJ-555
IT Index Like Cup & Handle | Invest In IT ETF For Long termIT Index Like Cup & Handle | Invest In IT ETF For Long term IT Index was moving sideways for long time and after a long time now it has broken out. Like a Cup and Handle, I think the IT Index do well in the long term. That is why we should invest in IT ETF for long term. All Indicator in favour Like :- RSI- Above 60 in Daily, Weekly and Monthly MACD- Daily, Weekly and Monthly Positive Crossover and above Zero line EMA- Daily, Weekly and Monthly above 50
NSE:CNXITLong
by Titu8727
TECHM - CUP AND HANDLE PATTERN DAILY CHART The stock has formed CUP & HANDLE pattern on the DAILY chart. One can enter above 1589 with a strict Stoploss of 1531 Target 1 - 1629 Target 2 - 1670 Target 3 - 1700 Target 4 - 2150 #SWINGTRADE #FUNDAMENTALLY STRONG STOCK What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:TECHMLong
by JJJ-555
1
BAJAJHCARE - CUP AND HANDLE BREAKOUT TRADEThe stock has formed CUP & HANDLE pattern on the DAILY chart. One can enter above 410 with a strict Stoploss of 380.70 Target 1 - 430 Target 2 - 450 Target 3 - 476 Target4 - 534 #SWING TRADE #FUNDAMENTALLY STRONG STOCK What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:BAJAJHCARELong
by JJJ-555
1
HEIDELBERG CEMENT - CUP AND HANDLE PATTERN The stock has formed CUP AND HANDLE pattern on the WEEKLY chart. Wait for strong breakout with good volumes One can enter above 248 with a strict Stoploss of 212 Target 1 - 284 Target 2 - 310 Target 3 - 340 #SWINGTRADE What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:HEIDELBERGLong
by JJJ-555
AB CAPITAL, LONGAditya Birla Capital, AB Capital stock has seen huge correction (value erosion after IPO) from Yr 2017 upto Yr 2020, from the High of 255 to Low of 39 in the span of 3yrs. The stock rode the wave of bullish sentiments in the stock market after Covid19 and touched the high of 199 in July 2023. The stock is close to giving multi-year breakout (7yr) based on Cup-Handle pattern. The fall and rise is very close to rounding bottom pattern which gives the specified target. The lines are key support / resistance levels.
NSE:ABCAPITALLong
by aquarianup
Potential Bullish Breakout in SAPPHIRE | Long 1550-1600Key Points: Pattern Observed : Cup and Handle Formation with Ascending Triangle Failed Retest : Cup & Handle Retest Failed, indicating strong resistance Support Level : Ascending Triangle suggests strong support around 1550-1600 Entry Zone : My entry price is between 1550 to 1600 INR Target Price : Projected target price is 1866.80 INR Volume Analysis : Increasing volume confirming bullish momentum Indicators : RSI currently at 44.98, indicating potential for upward movement Follow us to get notified about potential breakout stocks. Disclaimer: Not SEBI Certified : This analysis is for educational purposes only DYOR : Do Your Own Research before making any investment decisions Disclaimer : Trading involves risks, and past performance is not indicative of future results
NSE:SAPPHIRELong
by Pattern_Ninja
AFFLE INDIA LTD - Swing Trade Analysis - 29th June #stocksAFFLE INDIA LTD. (1W TF) - Swing Trade Analysis given on 29th June, 2024 Pattern: CUP & HANDLE BREAKOUT - Resistance Trendline Breakout with Retest & Pullback - Done ✓ (Pattern within a pattern) - Strong Volumes Buildup at Weekly Resistance Zone - Done ✓ - Multiple attempts to break the Weekly Resistance since 2022 - Done ✓ - Retest at Demand Zone marked for a small SL and a better RR - In Progress * Disclaimer
NSE:AFFLELong
by TradeRyteStockz
CAPLIPOINT LONG 1530-1545, CUP AND HANDLEBullish 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 doing research on your own before making any investment decisions. Finished Trades (1/1) JUBLINGREA - Target hit in 4 sessions (check out it in ideas section)
NSE:CAPLIPOINTLong
by Pattern_Ninja
NATCOPHARM - CUP AND HANDLE FORMATION (BO FROM SUPPLY ZONE)Hi All, This idea is about Natco Pharma Fundamentals Market Cap - 21712 Cr Stock PE - 15 ROE - 25.9% ROCE - 30% Promoter Holding - 49.7 Quick Ratio - 3.42 D/E - 0.06 NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche therapeutic areas. Technicals Since May 21, NATCO has formed a complete CUP and HANDLE formation on weekly chart and has now sustained the breakout for over 2 weeks. The earlier supply zone is now acting as demand zone indicating positive price action. This is for mid/long term investors only Hope you enjoy the idea, Happy Trading, Thanks, Stock-n-Shine
NSE:NATCOPHARMLong
by Stock-n-Shine
2
Sectoral Analysis-Nifty ITA 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 companies have been waiting for a breakout to happen. If the chart of Nifty IT is analyzed, we can see a possible cup and handle formation. Once Nifty IT index breaks 35500, handle breakout would be confirmed and we can expect 36800, 37450, 38700++ targets. Midsmall cap IT sector stocks like Persistent, Birlasoft, LTTS and many more have similar charts as of Nifty IT. Do keep in watchlist as they can give good returns in upcoming months. Please comment below if you want technofundamental analysis of any IT sector stock.
NSE:CNXITLong
by chartistamey