MAHINDRA & MAHINDRA - Great opportunity - Swing Trade/InvestmentThe 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.
For broader view - see this image
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.
Cupandhandlepattern
Nifty A Cup and Handle If Breaks Then The Targets could be Taken at .
Time Frame :- 1 Hour
Patterns Name :- Cup and Handle
Symbol Name :- Nifty
Comment Below If You want to ask me questions on this on any other idea .
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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SBI LIFE IN CUP AND HANDLE PATTERNHello Traders,
Today we will talk about SBI Life.
We are seeing cup and handle patterns in SBI Life in 4h time frame.
And cross the level of 1159 in that then you have to buy and your stop loss will be 1113 .
Traget ( 1160 -1168-1180 ).
Thank you!
Money_Dictators
Disclaimer: This is NOT investment advice. Invest your capital at your own risk.
INFO Edge (NAUKRI): Cup with Handle patternINFO Edge (NAUKRI): Cup with Handle pattern - Strong trend and strong closing with heavy volume. Buy between 5870 to 5890. Please trade with SL. Trail stop. Remember position sizing. Always respect Risk.
Disclaimer: This idea is posted for educational purposes only. I'm not a SEBI registered advisor. Please consult your certified financial advisor before trading/ investiong.
The trading rules I live by are
1. Cut losses.
2. Ride winners.
3. Keep bets small.
4. Follow the rules without question.
5. Know when to break the rules.
- Ed Seykota
'ELECON' ready to switch 'ON' 💡💡 !!!!On daily basis, 'Elecon' has given a breakout from an inverted head and shoulder
pattern which was under construction since November with buzzing volumes.
On weekly basis, a breakout of cup and handle pattern is visible with rising RSI
also RSI has breached above 60 which is a positive sign.
On monthly basis, a breakout of 'N' pattern is visible which signifies the strength i.e. after
retracement it is still giving a breakout.
Here, RSI took support at 60 and witnessed the breakout.
NOTE:- the only sign of caution is that spinning top is visible and RSI has reached resistance level on daily charts,
also dividend is pending, so there is a chance of retracement on daily basis hence, try to accumulate near
breakout level.
Bank Nifty break up Here i am back with a new idea on BankNifty and you can see it has a Cup and Handle pattern that give you a uptrend but market trend is up so be it can be a buy and the target 1 is Rs .36854 and target 2 is Rs .37719 and rsi also indicate uptrend and my opinion is it will go up and also the target is too high that why it cann be fail so be ready for exit on target another wait fo target 2 Hope you like this idea and pls like and follow me Good bye
tarde on our own risk bye
Comment Stock name which you want my analysis
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WELCORP-Welspun Corporation - Cup and HandleWelspun Corporation Ltd has given a cup and handle breakout.
As can be seen in the chart, the breakout is with a great volume.
RSI is around 73, MACD has also given a breakout.
As per the chart, target could be around 290 to 299.
Neck line can be considered for stop loss.
Trade with Care !!
CAN IT GIVE A BREAKOUT ??Crisil looks strong and can give a breakout if a 1-hour candle sustains above 3800. One can take a long entry with a strict SL of 3500 with a target of 4400. One can trail the stop loss to cost once it reaches 4000.
get into the trade, taking your position sizing in mind and with proper risk management.