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Cupandhandlepattern

KPIT - Ascending Triangle + Cup & Handle Breakout 📊 Script: KPIT (KPIT TECHNOLOGIES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY500 📊 Sector: Information Technology 📊 Industry: Computers - Software & Consulting Cup & Handle Breakout Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages is also giving crossover. 📈 Volume is increasing along with price. 📈 Script is giving Trendline + Ascending Triangle + Cup & Handle Breakout as shown in chart. 📈 Current RSI is around 67. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 605 🟢 Target 🎯🏆 - 684 ⚠️ Stoploss ☠️🚫 - 574 ⚠️ Disclaimer: DowJones & NASDAQ futures down more than 1% due to US. AUG INFLATION AT 8.3 % V 8.1 % EST. Take position according to your comfort level and conviction. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:KPITTECHLong
by radha_23
4
Possible Cup and Handle Breakout in L&T Finance HoldingStock has given breakout from its cup and handle pattern with good volume in hourly time frame. Now stock is retesting its previous resistance of 84-82. For further upside movement stock has to close above 85.80 All the possible targets are marked on the chart. Maintain strict stop loss at 78. This is just a view, not recommendation to trade. Do your own analysis before making any investment. Do like and share this idea and share your opinion in the comment section. NSE:L_TFH
NSE:LTFLong
by KaravaliTradingZone_Official
6
MCDOWELL - Triangle pattern + Cup & Handle breakout - SwingThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:UNITDSPRLong
by TradewithAditya
Possible Cup & Handle Pattern Breakout in ATUL LTDCup & Handle Formation signs: 1. Volume dry-ups near the lows of the price pattern. 2. Big volume spike on reversal of price pattern. 3. Volume dry-up on the price pull-backs. 4. Improving Relative strength. 5. Tight areas in price pattern under accumulation. 6. Trading above 200 MA How to trade it? 1. Watch out for Volume percent change on pivot breakout. 2. The day's volume should increase at least 40% to 50% above average. 3. Stoploss below the low of the handle. Entry - Breakout of Pivot Stoploss - 8760 (Below low of handle) Target - 11000 (Depth% of cup) Would like to thank William J O'Neil for explaining this beautiful pattern. Thank you Saurabh Yadav
NSE:ATULLong
by shadowthenoobtrader
3
Cup and handle Pattern breakout in DEEPAKNTRThe cup and handle pattern is one the most reliable pattern if it shows these signs in its formation: Big volume buying on the reversal from lows which shows that institutions are buying. Volume dry up on pullback shows in handle shows that the supply is being consumed by institutions showing no selling pressure. 2x or 3x the average volume on pivot breakout. Big price candle on breakout Entry - 2185 Stoploss - 1930 Target - 2500/2600 I hope this analysis helps you take better decisions on the stock. Thank you Saurabh Yadav
NSE:DEEPAKNTRLong
by shadowthenoobtrader
1
india cements can give multi year breakoutfor exit or stop loss hekinashi would be preferable as better we follow trend ,we can see how price acted in previous years and now price is over 200 dma where the bull run takes place if all time high is broken stock can move further higher and intresting fact is damani owns around 22 - 24% and can open offer anytime and this is under valued company compared to other cement companies & india cements current owner actually take over the company in the psat from another promoter , so this time may be damani take overs this
NSE:INDIACEMLong
by master-oogway