Cupandhandlepattern
WELSPUN CORP - 40% upside on chartsWelspun Corp formed a 'cup & handle' pattern in the day chart breaking its all time high. The depth of the cup from a common high is 37.2% and that ladies & gentlemen is the potential the stock can rally upto post breakout.
Technically the chart is strong, but don't forget to have your own research.
Cheers :)
SHANKARA forming a clean cup and handle patternSHANKARA has formed a long cup and handle pattern. Good scrip to go long as company has good fundamentals and is in the basket of #INFRA theme. Stoploss can be placed @ 660.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
BITCOIN - Cup n Handle PatternsBITCOIN 4 hr. Chart Analysis
This Bitcoin Analysis based on previous 1-year cycles of DOWN-UP performing pattern of CUP n HANDLE. So, first one CUP was in DOWN side that indicates HANDLE at Uptrend Pattern, while second one is in Reversal mode of CUP indicates into UPPER mode n HANDLE that will be shown the indications of soon Downtrend into coming days.
As per Pattern, the Ratio of CUP n HANDLE pattern growth up to 1/2 to 1/3 ratio of cut-off marks, it shows that soon CRYPTOCAP:BTC will be into Downtrend cycle of minimum $28-26k while maximum up to $24.8k to $22.5k approx.
Always #DYOR and Trade wisely by using of #StopLoss
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UTIAMC Cup & Handle Breakout BUY!Attached: UTIAMC Daily Live Chart as of 30th June 2023
- Today All AMC Stocks have seen a Massive Upsurge and it appears there are Tailwinds for this Sector hence Strength within these Stocks
- Price has given a Classic Cup and Handle Breakout today on the back of Strong Price Volume Action
One can buy at Current Market Price
For a Target of ~ 900
And Stop Loss < Day Low
MFSL Breakout BUY!MFSL LONG SETUP
Attached: Daily Chart as of 21st June 2023
- Price has activated an Inverted Head & Shoulders/ Cup & Handle/ Bull Flag Breakout today on the back of High Volumes (Price Volume Pattern BO)
- Laggard from Insurance is finally joining in the Sectoral Rally (Sector Tailwinds)
- The previous Dip halted at 0.382, ABC corrective (Wave 3 or Wave C upside pending)
- Daily RSI crossed above 70 today
- Daily MACD gave a Buy Signal today
Upside Target= 785/ 807🎯📈
Stop Loss= Today's Low (< 710)