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Cupandhandlepattern

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. DYOR#stockmarketeducation #marketnews #share #trader #invest #financialfreedom #nseindia #sharebazar #technicalanalysis #mutualfunds #stockmarkets #forex #warrenbuffet #cryptocurrency #entrepreneur #zerodha #shares #ipo #startupindia #daytrader #investingtips #wealth #equity #bitcoin #bseindia #market #businessnews #mumbai #investors #daytrading
NSE:GOCOLORS
by prerna_2895_
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.
NSE:ELGIEQUIPLong
by Kunal-Battu
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.
NSE:BANKNIFTY
by AdhigamaTrading
Cup And Handle Pattern: ASAHI INDIANSE:ASAHIINDIA Cup and Handle Pattern: ASAHI INDIA has formed a wonderful Cup and Handle pattern. This is a Bullish pattern. Breakout: Stock has recently given a breakout by breaking its resistance level of 600-610 price. This is also an all-time high in stock. Volume: The Volume of the stock is also higher than a few days. This also indicates the bullish sentiment of the traders. This is just for educational purposes. Kindly do your own research on Stock before trading in them. I am not SEBI registered and this post is just to understand the basic Cup and Handle patterns.
NSE:ASAHIINDIALong
by Mr_Financial_Literate
1
TATA CONSUMER | CUP & HANDLE PATTERN | WITH EXPLANATIONLet's first talk about the conditions for CUP & HANDLE PATTERN : Cup patterns can last from 7 weeks to as long as 65 weeks, but most of them last for 3 to 6 months. ✅ The usual correction from the absolute peak(the top of the cup) to the low point of this price pattern varies from around the12 to 15% to upward of 33%.✅ The bottom part of the cup should be rounded and give the appearance of a "U" rather than a very narrow "V".✅ The formation of the handle area generally takes more than 1 or 2 weeks. ✅ Volume may dry up noticeably near the lows in the handle's price pullback phase.✅ The handle should also be above the stock 10-week moving average price line.✅ When a stock forms a proper cup-with-handle chart pattern and then charges through an upside buy point, which Jesse Livermore referred to as the "pivot point" or "line of resistance", the day's volume should increase at least 40-50%. ✅ Nearly all proper bases will show a dramatic drying up of volume for one or two weeks along the very low of the base pattern and in the low area of few last weeks of the handle. ✅ According to the pattern, the price target is 890 , but as a safe trader, I would consider the first target to be 850 because there might be a possibility of a triple top , and I would reduce my position sizing to half as it reaches 850, and would add as it breaks 850-855 level. Stoploss - 750 Disclaimer: The analysis is for educational purposes. Please do your due diligence before making decisions.
NSE:TATACONSUMLong
by shadowthenoobtrader
One chart, different trading systems!Hi all, hope you guys are doing well. We retailers spend a lot of time in searching for that "holy grail" in trading. The majority of the time our search is centered around different strategies. However, in my opinion, "Strategy is overvalued whereas risk management is undervalued" . A chart can be analyzed in different ways by different traders. A trader using patterns will analyze the same chart with a different perspective as opposed to a trader using pure support-resistance levels or a trader using indicators such as moving averages. The aim of this post is just to make you understand that you shouldn't run after different systems. Rather, focus on managing the risk. Exhibit 1: The Cup and Handle system Exhibit 2: The Support-Resistance system Exhibit 3: The Triangle pattern system Exhibit 3: The Moving averages system Thanks for reading. I hope you found this helpful! 😊 Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
NSE:SOLARINDSEducation
by johntradingwick
32