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Cupandhandlepattern

Take a Long with Bikaji, TECHNOFUNDA StrategyIt's just giving a breakout and forming Cup and Handle pattern. Take a long until the quarterly result shows strong growth. Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies. Reason for long Prices for raw materials and packing materials were lower, lower during the quarter The volume growth can come in the festival session The FII And DII holding increased During the quarter, they acquired 49% stake in small brand, Bhujialalji Private Limited Keep track the quarterly result and concoll of company
NSE:BIKAJILong
by ashvinikumawat
Sakar Healthcare Cup and Handle But wait!The stock hit UC of 20% and has given Cup and Handle pattern breakout. Though the risk is with Stop loss its far away. Even with last possible support entry point at 279 and last invalidation point its more or less 15%. So if move goes against you be ready to loose 15-16%. Keeping in watchlist it may also continue upward trend but need to watch with caution. 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 judgement 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 --------------------------(((((LIKE)))))-------------------------------
NSE:SAKARLong
by Niftydirection
1
Samvardhana Motherson InternationalHello & welcome to this analysis A rank outperformer from its listing back in 1999, stock has a history of doing deeper retracements and then following it with much stronger rallies. Currently in the monthly time frame its forming a cup & handle pattern that suggests accumulation for yet another strong upside. However, in the short term it could see a dip if current support levels are broken. Overall a strong stock in lower time frame consolidation/correction. Happy Investing
NSE:MOTHERSON
by Dinesh_C_Nagpal
4
UJJIVANSFB: Formed a Cup & Handle PatternUjjivan Small Finance Bank formed a Cup & Handle Pattern and started give breakout from 34 level. Stock can be accumulated around 36-37 level. T1 is expected at 38 and T2 is expected around 43. Overall expected target is 53 Set stoploss at 28 and increase the stoploss when stock moves up. Pattern is tracked on weekly chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
NSE:UJJIVANSFBLong
by paras0408
6