Cupandhandlepattern
JSW STEEL WEEKLY BREAKOUT#JSWSTEEL
- Cup & Handle Breakout
- Trading in HH-HL Structure
- Volume Rising with Breakout
- Strong Bullish Momentum
- Buy Above 686
- Stoploss 662
- Targets 790
#Investing
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Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Praj - C&H & Trendline BO candidtaePraj looks for C&H & Trendline BO. The stock was up today 5.355 in this falling market. The volumes has been quite good. 440 is the next resistance, closing above 440 with good volume will open gate for ATH. Disc; Not a reco - for education purpose. DYOR. Holding from lower levels.
GOCOLORSTracking it since very long.
There are two patterns which are visible on chart first one is cup and handle and secondly round bottom.
I'm expecting it to give CNH breakout and and complete round bottom as it's target.
Targets are marked.
My SL will be 1100 DCB.
Views personal.
I Can go wrong.
Not a trading recommendation.
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BULLISH on ELGIEQUIP (Positional)NSE:ELGIEQUIP
There is Cup and Handle pattern in this stock. The has already given the breakout and is sustaining above the support level. The prices are trading above the Moving averages which shows Bullishness. The RSI is above 50 which shows good momentum. There is also a good volume in the past trading sessions. The Target here is 683 level which the depth of the Cup and the SL is 350 level which is depth of the handle. It is my positional view from 1 month to 6 months.
Disclaimer : This is own view and analysis. This is for educational purposes. This not a recommendation, call or a Tip.
SRTRANSFINcup and handle with breakout
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Cup and Handle Breakout in CL EDUCATE daily time frame
Supporting to our previous weekly chart analysis of CL EDUCATE, in daily time frame we can see stock has already given a clear cup and handle breakout with good volume, which suggests there might be good price movements in coming days.
Good entry would be around 165-160 range.
This is just a view, do your own analysis before investing.
NSE:CLEDUCATE
Cup and Handle pattern is seen in Bank nifty todayWhat is a Cup and Handle Price Pattern?
The cup and handle is an accumulation buying pattern, which is found during long periods of consolidation, and can lead to powerful explosive moves once the pattern is fully completed.
What is a Symmetrical triangle pattern?
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
We can see both Cup and Handle and Symmetrical triangle pattern seen in Bank nifty and ready for breakout/down.