Get started

Cupandhandlepattern

GLENMARK- Squeeze Buy!GLENMARK Attached: Daily Chart as of 31st March, 2023 Bullish Opportunity in Glenmark is clear as Price has Not Only given a CLASSIC CUP & HANDLE BREAKOUT BUT IT is also accompanied by a Squeeze Buy Signal aka the Squeeze Release ! (Note: Squeeze is a volatility and momentum indicator introduced by John Carter, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The volatility component of the Squeeze indicator measures price compression using Bollinger Bands and Keltner Channels. If the Bollinger Bands are completely enclosed within the Keltner Channels, that indicates a period of very low volatility. This state is known as the squeeze. When the Bollinger Bands expand and move back outside of the Keltner Channel, the squeeze is said to have “fired”: volatility increases and prices are likely to break out of that tight trading range in one direction or the other.) CMP= 464.7 Targets🎯: T1= 500 T2= 550 Stop Loss⚠️: below 445, which is Breakout Candle Low
NSE:GLENMARKLong
by T_Harth
ABBOTINDIA : CUP & HANDLE PATTERNAs I mentioned earlier, Don't Miss to catch this fish. The stock is currently moving up , after completing CUP n HANDLE Patter and taking support @ 22345.00 . Those who missed this stock earlier, the stock is providing a good opportunity to them again. The stock is at support , and at CMP i.e. 22733 is right time to enter the trade. for primary target of 24717.00 and we may see a new high thereafter. Currently this stock is with Low risk and high Reward and best stock to invest for the time being, with 20 EMA crossing over 50 EMA. This post is only for education purpose. Kindly trade at your own risk. Good Luck !!!
NSE:ABBOTINDIALong
by chakraveer1104
MANAPPURAM FINANCE - 87% RETURNS!!!BUY - MANAPPURAM FINANCE CMP - Rs. 130 Target - 1: Rs. 157 Target - 2: Rs. 209 Target - 3: Rs. 264 . . Technicals - 1) Cup and Handle Pattern BO . . Fundamentals - Manappuram Finance Limited is a retail credit product and financial services provider in India, primarily through its gold loan business. 1) According to the company's financial snapshot, the Price to Earnings Ratio and EV to EBITDA ratios indicate that the company is undervalued. 2) The Debt-to-Equity ratio has decreased, and the book value has increased. The company has seen a steady increase in total assets for the last three years, along with a good return on equity and a good net margin. . . This is just a view, please trade at your own risk. . . Follow me for more!
NSE:MANAPPURAMLong
by nilakshgupta
HDFCBANKHDFCBANK:- Cup and handle pattern has formed, wait for breakout, plan something only after breakout, till then keep an eye 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.
NSE:HDFCBANKLong
by AjayDhakad_Keep_it_simple
NFL - 50% RETURNS!!!BUY - NFL CMP - Rs. 86 Target - 1: Rs. 108 Target - 2: Rs. 130 . . Technicals - 1) Price-Volume analysis supported by the cup and handle chart pattern breakout. . . Fundamentals - 1) Financial Performance: In the fiscal year 2020-21, National Fertilizers Limited reported a consolidated net profit of INR 1,288 crore, an increase of 123% compared to the previous fiscal year. The company's revenue increased by 16.44% to INR 11,118 crore in the same fiscal year. National Fertilizers Limited has a current market capitalization of approximately INR 6,462.44 crore. 2) Future Prospects: The Indian fertilizer industry is expected to grow in the coming years, driven by increasing demand from the agriculture sector. National Fertilizers Limited is well-positioned to take advantage of this growth, given its strong market presence and reputation in the industry. The company has also been investing in capacity expansion and modernization to stay competitive. . . Follow me for more!
NSE:NFLLong
by nilakshgupta
ABCAPITALABCAPITAL:- Cup and handle pattern has formed, wait for 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.
NSE:ABCAPITALLong
by AjayDhakad_Keep_it_simple
GDX- Cup & Handle BREAKOUT BUY!Attached: GDX Daily Chart as of 7th April 2023 Price has given a Classic Cup & Handle Breakout Buy Signal on the Charts What do Technical Indicators say on the Daily Chart? - RSI is in overbought zone ( > 70) and confirming a Bullish Regime✅ - MACD is trending up and in buy mode, confirming Momentum✅ - DMI is in buy mode and ADX is above 25, confirming a Strong Up Trend✅ Going by Pure Price Action too and especially if you go on the Weekly Chart, you can see last Week put in a Clear Bull Power Candle which is our Breakout Candle The Green Trend Line serves as the Neckline for the Cup & Handle Pattern Trade Plan as follows: Current Market Price= 34.43 Upside Target🎯= 40 to 42 zone Stop Loss⚠️ can be < 32 This is our Swing/ Positional Trade Call ............................................... Note: Not only is GDX Bullish for the IMMEDIATE Short Term (Daily Time Frame as I have put out in this Idea), but it is also Bullish on the Higher Time Frames like the Monthly and the Weekly as well, so there is a Multi Time Frame Alignment too✅ Lastly, Refer to my Related Ideas to see my GDX Analysis on the Monthly Time Frame to get my Long Term View for an INVESTMENT CALL👍
AMEX:GDXLong
by T_Harth
ASHIANAASHIANA:- Cup and handle pattern has formed, wait for 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.
NSE:ASHIANALong
by AjayDhakad_Keep_it_simple
BANDHANBNKBANDHANBNK:- Cup and handle pattern has formed, breakout has also given, keep your 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.
NSE:BANDHANBNKLong
by AjayDhakad_Keep_it_simple