Cupandhandlepattern
CROMPTONCROMPTON:- 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.
AEGIS LOGISTICS - 50% RETURNS!!!BUY - AEGIS LOGISTICS
CMP - Rs. 375
Target - 1: Rs. 450
Target - 2: Rs. 500
Target - 3: Rs. 550
.
.
.
Technicals - Cup and Handle Pattern
.
Comment:
Target - 3 will be achieved in 6-12 months
.
.
.
Follow me for more!
Looks good for Long term -- a potentially multi-bagger stock Fundamentals:
DLF , India's largest commercial real estate developer, recently concluded a record-breaking luxury home sale of Rs 7,000 crore ($1 billion) in Gurugram.
DLF plans to be debt free by end of FY23
The company stated that it had "left a lot of money on the table" due to the high demand for the luxury properties.
DLF saw high demand for luxury homes in the National Capital Region ( NCR ) and other parts of the country, with many buyers being non-resident Indians (NRIs).
The company is now planning to expand its luxury home portfolio across the country, as it sees a strong demand for such properties from wealthy buyers.
The COVID-19 pandemic has fueled the demand for luxury homes in India, as people seek larger living spaces and better amenities amid work-from-home and social distancing measures.
Technical:
Long term Strong support at : 295
Short term Support at : 345
Long term Target : 500/700+
Short term Target : 400+
Narayana Hrudayalaya Ltd | Long | Above 800
-Cup and Handle Pattern
-Increasing volumes
-Increased Revenue and Profit
-Increasing Market Share
-Net Income higher than industry
-New acquisitions by company
Buy once close above 800
Target1- 872
Target2- 920
Target3- 970
SL - 760
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Cup and Handle PatternA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume.
Script = HCl Tech
Time Frame = 1 Day
Cup and Handle PatternA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume.
Script = Infy
Time Frame = 1 Day
WATCH OUT for VoltasVoltas is so far away from its ATH and it is in the process of forming abeautiful cup with handle.
On the break of the handle, the trendline and the 50ema will also be broken. If such a break is seen on high volume, a beautiful long position can be taken for a long term trade or even an INVESTMENT
Updating this early so people can be on the lookout for a wonderful opportunity
Points to Note:
1. Handle is showing a valid shakedown on low volume which is important as it is sort of a trap for sellers.
2. Handle is above the 10SMA and in the upper half of the cup
3. Voltas is at a considerable low from its ATH and such a powerful pattern at a low is a money minting machine
Keep It Simple
Bank Nifty | Cup and Handle PatternBNF forming a cup and handle pattern on chart. Good bullish sign.
But there are also major resistance nearby. So need to see those as well.
If holds for some time near resistance than can give good bullish move.
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Bank Nifty - Cup & Handle PatternKey Points:
- On 15 MTF Bank Nifty form Bullish Cup & Handle pattern
- RSI 69 near to 70 and above RSI MA
- Closed above 61% FAB level
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only
POLYCABPOLYCAB:- Stock has also given breakout by forming cup and handle, 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.
RAJESHEXPORAJESHEXPO:- The stock has given a breakout by forming a cup and handle pattern, 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.
MAHINDCIEMAHINDCIE:- Stock has formed cup and handle pattern, 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.
KPIT Technologies Limited KPITTECH:- Cup and handle pattern has formed, don't plan until proper breakout is found, keep an eye till strong stock is there
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.
EQUITASBNKEQUITASBNK:- 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.
Finolex Cab - Strong up move momentumKey Points:
- On daily and weekly chart strong bullish momentum seen with breaking ATH price & potential to have up move for short term
- Cup and Handle chart pattern
- RSI @ 81 with breakout & crossed RSI MA of 65
- Volume above VMA
- Price crossed above 20,50,200 EMA
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Chaman Lal : Looking Strong and Bullish
Good Day ,
Hello Traders,
CLSEL looking very strong and it had formed a big rounding bottom since May 2022 till now. It will take a little bit time to move ahead.
Next possible target 136. One can stay long with Stop Loss at 100.
Bigger target of 164 will come when it start sustaining above 136 and show more strength.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
GPPLGPPL:- 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.