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Cupandhandlepattern

SAILSAIL:- formed cup and handle pattern and also breakout the resistance and retest also confirm buy at current level... buy for short term target.... Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:SAILLong
by AjayDhakad_Keep_it_simple
PERSISTENT SYSTEMSPERSISTENT SYSTEMS:- consolidation for the last few months..... formed Cup and Handle Pattern if break the resistance go for long... almost 3 times tested upper resistance... Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning
NSE:PERSISTENTLong
by AjayDhakad_Keep_it_simple
2
PIINDPIIND:- trying to breakout from conjunction point. found cup and handle pattern. if break the resistance level go for long Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning
NSE:PIINDLong
by AjayDhakad_Keep_it_simple
SANGHVIMOVSANGHVIMOV:- formed Cup and Handle Pattern on montly chart. keep on radar if break out the resistance go for long. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning
NSE:SANGHVIMOVLong
by AjayDhakad_Keep_it_simple
2
Accumulation by DII's in KIMSHello everyone! After listing in June'21, KIMS has not move anywhere and is consolidating in a very small range since then. Recently on chart stock is looking strong as it is trading near its high from past 1 month forming a Cup & Handle pattern ready to breakout. Now look at the DII & General Public holding pattern mentioned on the chart. We can see that DII has only 16% holding when stock was listed but since then every quarter there is an increase in their holding and decrease in general public holding confirming past 1 year consolidation as accumulation. Both Technical and holding pattern data is indicating towards a coming upward rally in the stock. Thanks!
NSE:KIMSLong
by sudhanshu_raaz
Grasim - Cup and Handle formationGrasim is forming a cup and handle pattern on the daily charts and once it breaks the 1830 levels (which is a main pivot level as it forms the ends of the cup), a significant up move can be expected. Given that the RSI is also crossing 60, breaching of the 1830 levels can be expected in the next 1-2 days. Following the breach, the first major resistance will be at the 1890-1900 level, which is close to the all time high and also matches the 0.5 level of trend based fib extension. Hence this can be considered the 1st target and 0.786 and 1 levels considered T2 and T3 respectively
NSE:GRASIMLong
by CharanVelu
2
IRCTC: Cup and handle pattern BREAKOUT Monopoly in the sector. Strong Fundamentals with good ROE. Cup & Handle formation is complete. The price is above 50 and 200 MA. Handle breakout is seen, however, there is an immediate STRONG SUPPLY ZONE (acting as resistance) just above the Handle region. This STRONG SUPPLY zone has been broken today with a gap-up opening indicating bullish momentum. Stoploss has been marked in Orange. Two Target Price/Take Profit level has been marked in Red lines.
NSE:IRCTCLong
by zaidsk70
5
IRB Infrastructure AnalysisHello everyone! We say market will be strong in coming days when most of stocks start looking strong on chart, one such chart is of IRB infrastructure. In IRB infrastructure we will do monthly-weekly-daily chart analysis and look at smaller time chart like 1hr and 15min to find out our entry. Monthly : Stock is testing its 12 year long trendline and also Cup & Handle formation is in process. Weekly : Stock is consolidating in a triangle pattern of which, trendline is already being tested thrice. Daily : Reverse head and shoulder formation in process(breakout is pending). From monthly Cup & handle we get a target of about 500, but that is possible only when it give monthly candle closing above its 12 year long and strong monthly trendline which we can see when its weekly trendline is broken (as target for triangle pattern breakout is highest point of the triangle i.e.,320). Looking at the head and shoulder of daily chart, once it is broken we can expect a target equivalent to its head length i.e., 290 which will result in weekly trendline breakout. So summarizing all we can expect a target of 500 once in daily chart head and shoulder will be broken out. Now we will look in smaller time frame to find out if we are getting ang sign of strength in this stock. In hourly chart stock has taken support at its six days trendline and RSI is also consolidating near 40 from past 10 sessions. If we further zoom in we can see that in today's session(5th Nov) in last 15 min it has given breakout from a Cup & Handle, which is further confirming the strength. I am also considering this stock since now we are getting a very good risk to reward as SL will be below 15 min Cup & Handle, which is only 4%. NOTE : It is not for sure that once it will give breakout from reverse head and shoulder in daily chart it will go up to 500(it only indicates to go up to 290), but since we are entering at a very reasonable place we can hold it for that by trailing our SL(how to do that we will discuss on some other thread) or we can book our profit partially at 290(daily breakout target), 320(weekly breakout target) and hold rest for 500(monthly breakout target). THANKS!
NSE:IRBLong
by sudhanshu_raaz
SUPREME INDUSTRIES LTD - Inverse Head & Shoulder + Cup & Handle 📊 Script: SUPREMEIND (SUPREME INDUSTRIES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY MIDCAP 📊 Sector: Industrials Capital Goods 📊 Industry: Plastic Products - Industrial Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Volume is increasing along with price which is volume breakout. 📈 Script is giving breakout of Inverse Head & Shoulder + Cup & Handle + trendline. 📈 Current RSI is around 68. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 2263 🟢 Target 🎯🏆 - 2474 ⚠️ Stoploss ☠️🚫 - 2131 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅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:SUPREMEINDLong
by radha_23
TATA COMMUNICATIONS LTD - Long Term + Cup & Handle Breakout Soon📊 Script: TATACOMM (TATA COMMUNICATIONS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP 📊 Sector: Telecommunication 📊 Industry: Telecom - Infrastructure Key highlights: 💡⚡ 📈 Script is about to give cup & handle breakout, technically script is looking good for long term investment. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 1258.95 🟢 Target 🎯🏆 - 1400 ⚠️ Stoploss ☠️🚫 - TRAILING ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅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:TATACOMMLong
by radha_23