Get started

Cupandhandlepattern

Titan: Cup & Handle Pattern Signals Major Uptrend ContinuationNSE:TITAN Cup & Handle Pattern Signals Major Uptrend Continuation after Macquarie sees Q1 growth on jewellery demand Price Action Analysis: • Stock has formed a classic Cup & Handle pattern over an 8-month period from February 2025 to June 2025 • Cup formation shows a rounded bottom with depth of approximately 800 points (3,700 to 2,900 levels) • Handle formation displays controlled consolidation with lower volatility, indicating institutional accumulation • Price action demonstrates strong momentum with a 3.58% daily gain and healthy volume expansion Volume Spread Analysis: • Volume pattern confirms the Cup & Handle formation with classic volume characteristics • During cup formation, volume contracted during the decline and expanded during recovery • Handle formation shows diminishing volume, indicating reduced selling pressure • Recent breakout accompanied by significant volume spike (2.7M vs average), confirming institutional participation • Volume-price correlation remains positive, supporting the bullish breakout thesis Key Technical Levels: Support Levels: • Primary Support: 3,500 • Secondary Support: 3,400 • Major Support: 3,200 Resistance Levels: • Immediate Resistance: 3,700 (Previous highs and psychological level) • Major Resistance: 3,867 (52 Week high marked on chart) • Extended Target: 4,200 (Cup & Handle measured move target) Technical Patterns Identified: • Cup & Handle Pattern: Primary bullish continuation pattern spanning 5 months • Ascending Triangle: Within the handle formation, showing higher lows • Volume Accumulation Pattern: Consistent with institutional buying during consolidation phases Trade Setup: Entry Strategy: • Primary Entry: 3,650-3,680 (Current levels on any minor pullback) • Secondary Entry: 3,580-3,620 • Aggressive Entry: Market price for momentum traders Exit Levels: • Target 1: 3,800 (Near-term resistance, book 30% profits) • Target 2: 3,950 (Previous highs breach, book 40% profits) • Target 3: 4,200 (Cup & Handle measured move, remaining 30%) Risk Management: • Stop Loss: 3,480 (Below handle low with 5% buffer) • Risk-Reward Ratio: 1:3 (Risk of 170 points vs reward of 500+ points to first major target) • Maximum Risk per Trade: 2% of portfolio capital Position Sizing: • Conservative Approach: 1-1.5% of portfolio given the strong setup • Moderate Approach: 2-2.5% for traders comfortable with mid-cap volatility • Scale-in Strategy: 50% on initial entry, 30% on any dip to secondary entry, 20% on momentum confirmation Sectoral and Fundamental Backdrop: Sector Analysis: • Consumer Discretionary sector showing resilience amid economic recovery • Jewellery and watches segment benefiting from the wedding season demand and festival purchases • Luxury consumption trends supporting the premium positioning of Titan's brands • Rural demand recovery provides an additional growth catalyst for the company Fundamental Highlights: • Strong brand portfolio including Tanishq, Titan, Fastrack, and Sonata • Consistent market share gains in the organised jewellery retail segment • Digital transformation initiatives are improving operational efficiency • Expansion in tier-2 and tier-3 cities driving geographical diversification Macroeconomic Factors: • Favourable gold price trends supporting jewellery business margins • Rising disposable income in Indian households is boosting luxury spending • The government's focus on organized retail supporting compliant players like Titan • Wedding season and festival demand provide seasonal tailwinds Key Risks to Monitor: • Gold price volatility is impacting raw material costs and consumer demand • Competition from online jewellery platforms and regional players • Economic slowdown potentially affecting discretionary spending • Regulatory changes in gold import duties or GST rates My Take: This technical setup presents a compelling risk-reward opportunity with the Cup & Handle pattern completion, strong volume confirmation, and favourable sectoral backdrop supporting the bullish thesis for Titan Company. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:TITANLong
by Karanshah137
26
Breakout from cup and handle pattern Grasim Cup and Handle Breakout Setup Grasim is forming a classic Cup and Handle pattern on the daily chart. ✅ Breakout Level: 2790 🛑 Stoploss: Below 2650 (handle low) 🎯 Target Zone: 3290 (based on depth projection and prior highs) Pattern Logic: Rounded cup base indicates accumulation Handle pullback was shallow with declining volume Breakout attempt with volume surge Price above 20 EMA & 50 EMA RSI > 55 and MACD nearing bullish crossover
NSE:GRASIMLong
by Punit190
1
Indian Metals & Ferro Alloy: Flag & Pole BONSE:IMFA Breaks out of the Flag & Pole Pattern with Huge Volumes today. Price Action Analysis: - Stock experienced a significant decline from highs around 998.80 to lows near 549.80, representing approximately a 45% correction - Recent breakout above 720 levels shows strong momentum reversal - Current price at 772.50 (+ 7.77%) indicates bullish sentiment returning - Higher highs and higher lows pattern emerging on the right side of the chart Volume Spread Analysis: - Volume spike coinciding with recent breakout confirms genuine buying interest - Volume of 202.22K appears elevated compared to previous months - Green volume bars during the recent rally suggest an accumulation phase - Low volume during the consolidation phase indicates smart money positioning Key Technical Levels: Support Levels - Primary Support: 720-730 (recent breakout zone) - Secondary Support: 680-690 (previous resistance turned support) - Major Support: 600-620 (previous consolidation zone) Resistance Levels: - Immediate Resistance: 800-820 - Major Resistance: 880-900 - Long-term Resistance: 950-998 (previous highs) Base Formation: - Cup and Handle pattern visible with base formation between 550-680 levels - Duration of base: Approximately 4-5 months (February to June 2025) - Handle formation in the May-June period before the breakout - Flag & Pole Pattern Broke today Technical Patterns Identified: Primary Pattern: Cup and Handle - Well-defined cup formation with rounded bottom - Handle shows controlled pullback with lower volume - Breakout above handle resistance confirms pattern completion - Target projection: 950+ levels based on pattern height Secondary Patterns: - Descending trendline resistance tested today - Double bottom formation around 550-580 levels - Bullish flag formation post-breakout Trade Setup Recommendations: Entry Strategy: - Aggressive Entry: Current levels 770-775 on any minor dip - Conservative Entry: 720-730 on pullback to breakout zone - Momentum Entry: Above 800 for trend continuation Exit Strategy: - Target 1: 850 (10% upside from current levels) - Target 2: 920 (19% upside potential) - Target 3: 980 (27% upside to retest previous highs) Stop-Loss Levels: - For aggressive entries: 720 (7% risk) - For conservative entries: 680 (6% risk from 720 entry) - Trailing stop: 8-10% below recent swing lows Risk Management Framework: Position Sizing: - Risk per trade: Maximum 2% of portfolio - Position size calculation: Portfolio value × 2% ÷ stop-loss distance - For ₹1 lakh portfolio with 7% stop: ₹2,000 ÷ 0.07 = ₹28,571 position size Risk Controls: - Maximum exposure to single stock: 5% of portfolio - Sector concentration limit: 15% in the metals sector - Use of position sizing calculator mandatory - Weekly portfolio review and rebalancing Sectoral Backdrop Analysis: Metals Sector Dynamics: - Global steel demand recovery supporting Indian metal stocks - Infrastructure spending by the government boosts domestic demand - Raw material cost stabilization improves margins - Export opportunities are increasing with global supply chain shifts Industry Tailwinds: - The government's focus on infrastructure development - PLI schemes supporting the manufacturing sector - Green energy transition requiring metal inputs - Automotive sector recovery driving steel demand Fundamental Considerations: Company Specific Factors: - Debt reduction initiatives improving balance sheet strength - Capacity expansion plans supporting long-term growth - Technology upgrades enhancing operational efficiency - ESG compliance improving institutional investor interest Macroeconomic Factors: - Rupee stability supporting import-dependent operations - Interest rate environment favourable for the capital-intensive sector - Government policy support for domestic manufacturing - Global commodity cycle showing signs of recovery Trading Psychology Notes: Behavioural Considerations: - Stock showing classic accumulation after major decline - Institutional buying is likely during the base formation period - Retail sentiment improving with breakout confirmation - FOMO factor may drive further momentum Market Sentiment Indicators: - Relative strength improving against the broader market - Sector rotation favours cyclical stocks - Technical breakout attracting momentum traders - Long-term investors find value after the correction My take: This technical setup presents a compelling risk-reward opportunity with clearly defined entry, exit, and risk management parameters. The combination of a strong technical breakout and improving sectoral fundamentals creates a favourable environment for potential gains. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:IMFALong
by Karanshah137
6
BEML: Breaks Multi-Month Resistance: Perfect Cup & Handle SetupNSE:BEML Breaks Multi-Month Resistance: Perfect Cup and Handle Setup Signals Major Upside Potential Price Action Analysis: Current Price Movement: -Current Price: ₹4,291.50 (as of June 20, 2025) -Daily Change: +₹351.70 (+8.20%) - Strong bullish momentum -High: ₹4,728.40 | Low: ₹4,261.00 -Opening: ₹4,291.50 | Volume: 1.57M shares Key Price Action Points: Phase 1: Initial Decline (Sep 2024 - Dec 2024) -Price Range: 4,400 to 3,600 levels -Characteristics: Controlled selling with no panic dumping -Volume: Moderate selling pressure -Significance: Formation of the cup's left rim Phase 2: Deep Correction (Dec 2024 - Feb 2025) -Price Range: 3,600 to 2,350 (Cup Bottom) -Characteristics: Capitulation phase with heavy selling -Volume: High volume during the decline indicates washout -Key Level: 2,350 marked the absolute low and cup base Phase 3: Recovery Rally (Feb 2025 - Apr 2025) -Price Range: 2,350 to 3,400 levels -Characteristics: Strong bounce from cup bottom with increasing volume -Price Action: Higher lows formation indicating accumulation -Recovery Strength: 45% bounce from lows Phase 4: Handle Formation (Apr 2025 - May 2025) -Price Range: 3,400 to 3,000 levels (shallow pullback) -Characteristics: Light volume decline, healthy consolidation -Duration: Approximately 4-6 weeks of sideways action -Volume Pattern: Drying up volume during pullback - classic handle behaviour Phase 5: Breakout Phase (May 2025 - Current) -Breakout Level: Above 3,400-3,500 resistance -Price Acceleration: From 3,000 to the current 4,639 levels -Volume Confirmation: Massive volume surge during breakout -Momentum: 43% rally from handle lows in just 6-8 weeks Candlestick Patterns and Price Behaviour -Recent Action: Large green candles with minimal upper shadows indicating strong buying pressure -Volume-Price Relationship: Price advancing on expanding volume - healthy trend -Pullback Quality: Any pullbacks have been shallow with quick recoveries -Support Holding: Price consistently holding above key moving averages Price Structure Analysis: -Higher Highs: Consistent pattern of higher peaks since February 2025 -Higher Lows: Each pullback finds support at higher levels -Trend Strength: Steep angle of ascent indicates strong institutional buying -Momentum Characteristics: Price moving in strong trending phases rather than choppy action Critical Price Levels Based on Price Action: -Breakout Confirmation: 3,500 level successfully held as support after breakout -Momentum Continuation: 4,000 psychological level cleared with ease -Current Resistance Test: Approaching the 4,800 level with strong momentum -Volume at Key Levels: Each significant level break is accompanied by volume expansion Chart Patterns: -Cup and Handle Formation: The chart displays a classic cup and handle pattern spanning from late 2024 to mid-2025, with the cup formation completing around June 2025 at approximately 4,639 levels -Breakout Confirmation: Stock has successfully broken above the handle resistance levels with strong volume confirmation -Time Frame: The pattern has developed over approximately 9 months, indicating strong institutional accumulation Support and Resistance Levels: Major Support Levels: -Immediate Support: 4,000-4,100 (psychological and technical level) -Primary Support: 3,800-3,900 (previous resistance turned support) -Secondary Support: 3,400-3,500 (breakout level) -Long-term Support: 2,800-3,000 (cup base formation) Resistance Levels: -Immediate Resistance: 4,800-4,900 (current test level) -Major Resistance: 5,200-5,400 (projected target based on cup depth) -Extended Target: 5,800-6,000 (long-term projection) Volume Spread Analysis: -Breakout Volume: Significant volume spike observed during the recent breakout from handle formation -Volume Confirmation: Above-average volume during the entire cup formation phase indicates institutional interest -Current Volume: 1.57M shares showing continued institutional participation -Volume Trend: Consistent volume buildup supporting price advancement Base Formation Analysis: Primary Base Characteristics: -Base Type: Cup and Handle pattern with 7-month consolidation -Base Depth: Approximately 47% correction from highs of 4,400 to lows of 2,350 -Base Duration: Extended consolidation period allowing for proper shake-out of weak hands -Base Quality: Clean consolidation with clear support and resistance levels Trade Setup Analysis: Entry Strategy: -Primary Entry: 4,100-4,200 (on pullback to support zone) -Aggressive Entry: Current market price around 4,300 with tight stop-loss -Conservative Entry: Wait for retest of 3,800-4,000 support levels Exit Levels: Target 1: 5,200 (21% upside from current levels) Target 2: 5,600 (30% upside potential) Target 3: 6,000 (40% upside - long-term target) Stop-Loss Management: Initial Stop-Loss: 3,800 (below key support) Trailing Stop: Move to 4,000 once Target 1 is achieved Risk-Reward Ratio: 1:2.5 (favourable risk-reward setup) Position Sizing Recommendations: -Conservative Approach: 2-3% of portfolio allocation -Moderate Risk: 3-5% allocation for growth-oriented portfolios -Risk Management: Maximum 5% position size due to single stock concentration risk Risk Management Framework: Key Risk Factors: Market Risk: Overall market volatility can impact individual stock performance Sector Risk: Defence and infrastructure sector cyclicality Execution Risk: Pattern failure if stock breaks below 3,800 support Risk Mitigation Strategies: Diversification: Avoid over-concentration in a single position Stop-Loss Discipline: Strict adherence to predetermined exit levels Position Monitoring: Regular review of technical and fundamental developments Sectoral and Fundamental Backdrop: Business Verticals: -BEML operates across Defence, Rail, Power, Mining and Infrastructure sectors, serving India's core industries BemlindiaBemlindia -The company manufactures heavy earthmoving equipment for mining and construction, defence vehicles, and coaches for metro and Indian Railways, Bharat Earth Movers Limited Financial Performance: -Market Cap: ₹19,324 Crore with revenue of ₹4,022 Cr and profit of ₹293 Cr -Promoter holding stands at 54.0%, indicating strong government backing. -The board has recommended a final dividend of ₹1.20 per share for FY25, reflecting confidence in financial performance. Growth Drivers: -Company targeting ₹30bn annual opportunity in the mining sector with state-of-the-art equipment. -Defence projects, including DATRAN prototypes, are expected to be completed by mid-2025 -The company has grown from ₹5 Cr turnover in 1965 to over ₹4,300 Cr currently. Sector Outlook: -Defence Modernization: Beneficiary of India's defence modernization and Make in India initiatives -Infrastructure Push: The Government's focus on infrastructure development supports mining and construction equipment demand -Railway Expansion: Metro and railway coach manufacturing aligned with India's transportation infrastructure growth Investment Thesis: -PSU Re-rating: Part of the broader PSU re-rating theme in Indian markets -Diversified Revenue: Multi-sector exposure provides revenue stability -Government Support: Strong backing from the Ministry of Defence ensures policy support -Technical Breakout: Pattern completion suggests an institutional accumulation phase My Take: The combination of strong price action momentum with improving fundamental backdrop makes BEML an attractive investment opportunity for medium to long-term investors, with the cup and handle breakout providing clear entry and exit parameters for risk management. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:BEMLLong
by Karanshah137
11
Cup & Handle Breakout + Golden Cross Confirms Bullish Megatrend Timeframe: Daily Ticker: NSE:SIEMENS 🔥 Key Technical Setup: Cup & Handle Pattern: Cup Depth: ~1026 points Breakout Level: 3414 (multi-touch resistance). Golden Cross Confirmation: 50 EMA crossed above 200 EMA (bullish long-term momentum shift). Volume & Price Confirmation: - Entry Trigger: Close above 3414 with a strong green candle + above-average volume (min. 1.5x 20-day avg volume). - False Breakout Filter: Volume must surge to validate breakout. 🎯 Trade Strategy: Entry Zone: 3415–3430 (after confirmed breakout). Stop Loss: 3169 (swing low of the handle, below key support). Target 1: 3750 Target 2: 4170 Final Target: 4455 (cup depth projected from breakout: *3414 + 1026 = 4440–4455*). The trade targets 4455, but reaching this level will take time—patience is key as price works through resistance at 3750 and 4170. 📉 Price Action Mantra: “Price absorbs all noise! Trade the CHART, not the news.” 📊 Why This Works: 1. Golden Cross Amplifies Momentum: Post-crossover, rallies average +25% in trending stocks. 2. Cup & Handle Statistics: 85% success rate when volume confirms breakout. 3. Volume Divergence: Declining volume in handle + surge on breakout = institutional accumulation. ⚠️ Risk Management: Position Size: Risk ≤1% capital per trade. Trailing SL: Move SL to 3300 after Target 1 (3750) hit. Partial Exit: Book 50% at 3750, 25% at 4170, hold 25% for 4455. 🧠 Psychology & Market Structure: Resistance Levels to Watch: 3750: Profit-taking zone. 4170: Key options barrier (break = accelerated FOMO). Support Floor: 3200–3169 (must hold to preserve structure). Set alerts, follow volume, and let price lead the way! 📌 Disclaimer: This is not financial advice. Past performance ≠ future results. Conduct your own due diligence. Technical analysis has limitations and may not account for black swan events. Manage risk aggressively.
NSE:SIEMENSLong
by Alert_Trader
3
#ABCCAPITAL looking bullish on monthly & weekly timeframe#ABCCAPITAL has given a breakout at 260 on a weekly timeframe. Upside potential: 100%+. Stop loss: 238. A few things to note: The stock has given a breakout on weekly level. Risk-averse traders can wait for June monthly close above 260 This stock will require immense patience as this could turn a multi-bagger The volumes have been increasing over the last few months This is not a buy/sell recommendation. Research carefully and invest at your own risk.
NSE:ABCAPITALLong
by Trading_Maestro
KSL - Strong Cup & Handle Breakout | Volume & RSI Confirmation📊 KALYANI STEELS LTD (KSL) – Strong Cup & Handle Breakout | Volume & RSI Confirmation | Daily Chart 📅 Chart Date: June 17, 2025 📈 CMP: ₹891.00 (+10.33%) 📍 Ticker: NSE:KSL 🔍 Technical Chart Breakdown ☕ Cup & Handle Pattern Breakout KSL has decisively broken above the neckline resistance around ₹845 after forming a classic Cup & Handle pattern — a strong bullish continuation setup. This breakout has been accompanied by a solid volume spike (458.32K), which adds further confirmation. 💹 RSI Analysis RSI is currently at 71.61, indicating strong bullish momentum. RSI crossover confirms entry into the overbought zone, signaling strength but also requiring caution for late entries. 🕯️ Volume Action Noticeable volume surge on the breakout candle suggests institutional participation. Previous volume build-up near the handle zone indicates accumulation. 📍 Key Price Levels ✅ Breakout Zone: ₹845.35 🚀 Potential Upside Targets: ₹920 – Minor resistance ₹990–₹1,040 – Short to medium-term swing targets ₹1,150+ – Based on measured pattern height 🛡️ Support Zones: ₹845 – breakout retest level ₹800 – psychological support ₹765 – handle base and invalidation zone 🛠️ Trading Strategy Idea Entry: Either breakout close above ₹845 or on retest of breakout zone Stop Loss: Below ₹800 Targets: ₹920 → ₹1,000 → ₹1,150 Risk-Reward: >1:2 on first target with strong technical validation
NSE:KSLLong
by PriceAction_Pulse
MPHASIS | Cup and Handle | Breakout | DailyExcellent chart! The **MPHASIS LTD** chart presents a **bullish Cup and Handle breakout** along with a minor **flag & pole** inside the handle — a powerful confluence of patterns. --- ## ☕ **MPHASIS – Cup and Handle Breakout** ### 📍 **Pattern**: Cup & Handle + Mini Flag & Pole inside Handle * **Cup Depth**: ₹600.85 * **Breakout Point**: ₹2643.00 * **Target Projection**: ₹2643 + ₹600.85 = **₹3243.85** 🎯 --- ### 📈 **Chart Highlights** * ✅ **Breakout above neckline** (\~₹2643) with good **volume spike** * ✅ Formed a **flag** inside the handle — already broken * ✅ RSI above 60 and following rising trendline — **strong momentum** * ✅ All EMAs bullishly aligned (short, mid, long term) --- ### 📊 **Key Technicals** * **Support Zones**: ₹2643 (breakout retest), ₹2500 (flag base) * **Resistance/Target Zone**: ₹3242.55 * **Stoploss**: Below ₹2600 or ₹2500 (swing basis) --- ### 🔍 **Bias**: **Strong Bullish Continuation** Perfect confluence of patterns: 1. Cup & Handle 2. Handle formed a flag 3. Volume surge confirms breakout
NSE:MPHASISLong
by DailyCharts03
BPCL | Cup and Handle | Breakout |Daily ### 🏺 **Pattern Overview:** ✅ **Cup and Handle Formation:** * **Cup period:** November 2024 – June 2025. * **Handle period:** Short, forming in May 2025 – breakout seen recently. ✅ **Breakout Confirmation:** * **Breakout point:** ₹325.50 (previous resistance). * **Current breakout price:** ₹333.85 with strong momentum. --- ### 🎯 **Target Levels:** * **Measured move target:** ₹415.80 (as marked). * **Near-term resistance:** ₹376 (prior swing high). * **Support:** ₹325– (previous breakout level). --- ### 📊 **Volume & RSI Insights:** * **Volume:** Surge on breakout day – confirms buyer interest. * **RSI:** Clear bullish breakout above a downward-sloping trendline (marked in yellow arrow). --- ### 💡 **Takeaway:** BPCL has **confirmed a cup and handle breakout** above ₹325. If it sustains above this level, a move towards ₹376–₹415+ is probable in the coming weeks.
NSE:BPCLLong
by DailyCharts03
OFSS | Cup and Handle | Breakout | Daily **Oracle Financial Services Software Ltd. (OFSS)** based on the charts you provided: --- 🔍 **Patterns and Structure Observed:** * The chart shows a **Cup and Handle breakout** pattern, where the price formed a large rounding bottom (Cup) and a handle consolidation (Triangle). * The breakout occurred above the **₹8,913** level with strong volume, confirming the bullish move. --- 🔹 **Key Levels:** * **Breakout Level:** ₹8,913 * **Current Price:** \~₹9,161 * **Immediate resistance zone:** ₹9,538 * **Higher targets:** ₹10,685 based on the measured move of the Cup and Handle pattern. * **Support zone:** ₹8,900–₹9,000. --- 🔹 **Volume & Momentum:** * There is a **significant volume spike** at the breakout, suggesting institutional interest. * If the price sustains above the ₹9,000–₹9,100 zone, the breakout is likely to be validated, with further upside likely. --- 🔹 **Implication:** As long as the price stays above the breakout zone 8,900, the chart favors further upside toward the next resistance targets. If the price reverses below the ₹8,900 zone, the breakout could be invalidated. ---
NSE:OFSSLong
by DailyCharts03
3
BHARATFORG | Cup and Handle | Breakout | DailyHere’s a **short technical analysis** for **Bharat Forge Ltd** based on the chart: * **Pattern**: A clear **cup-and-handle** formation has been identified, with the breakout zone around **1,279**. * **Volume**: There’s a noticeable surge in volume at the breakout, confirming the bullish momentum. * **Target**: The breakout target projects to around **1,637.5**, offering a potential upside of \~28% from the breakout level. * **Trend**: EMA cluster (8, 21, 55, 144) is supportive, showing positive slopes, adding strength to the breakout. This setup suggests a **bullish breakout** with room for upside momentum if sustained buying interest persists.
NSE:BHARATFORGLong
by DailyCharts03
LTF | Cup and Handle | Breakout | Daily📊 L&T Finance Ltd – Detailed Technical Analysis 1️⃣ Pattern Overview The chart shows a classic Cup and Handle pattern that has recently broken out above the 180.50 neckline. Cup and Handle patterns are bullish continuation patterns, suggesting a measured move to the upside after the breakout. 2️⃣ Breakout Details Breakout Level: 180.50 Current Price: 189.79 (up 3.51% on breakout volume) The breakout is confirmed by a strong bullish candle with a solid close above 180.50. 3️⃣ Price Target Calculation The measured move is equal to the depth of the cup (approx. 53 points). Target: 180.50 (breakout) + 53 = 234.00 This target is also reinforced by historical resistance around this level. 4️⃣ Volume Analysis Noticeable volume spike on the breakout day, confirming strong buying interest. Volume MA also rising, supporting the breakout’s validity. 5️⃣ Moving Averages & Momentum EMA-8 / EMA-21 / EMA-55 / EMA-144: All EMAs have bullish slopes. Short-term EMAs (8/21) are above longer EMAs (55/144), confirming a strong uptrend. Momentum indicators like the RSI (not shown here, but generally above 60) further support bullish bias. 6️⃣ Support & Resistance Levels Immediate Support: 180.50 (breakout level) Major Support: 129.20 (previous low, Cup’s bottom) Immediate Resistance: None until the target zone near 234.00 7️⃣ Volume Trend Strong volumes on the breakout bar – a sign that institutional or smart money is likely involved. Volume MA rising, suggesting sustained accumulation. 8️⃣ Risk Management Ideal stop-loss can be placed below 180.50 or near EMA-21 (around 175). Watch for potential pullbacks to the breakout level – healthy retests can offer re-entry opportunities.
NSE:LTFLong
by DailyCharts03
HERITGFOOD - Cup & Handle Breakout with RSI Confirmation | Daily📊 HERITAGE FOODS LTD (HERITGFOOD) – Cup & Handle Breakout with RSI Confirmation | Daily Chart 📅 Chart Date: June 5, 2025 📈 CMP: ₹446.10 (+5.94%) 📍 Ticker: NSE:HERITGFOOD 🔍 Technical Analysis Overview ☕ Cup & Handle Pattern Breakout HERITGFOOD has successfully broken out of a Cup & Handle pattern, signaling the end of a long downtrend and a potential start of a new bullish wave. The breakout zone lies around ₹435–₹440. 💥 Breakout Volume: Supported by a strong surge in volume (~1.32M), adding conviction to the breakout. 📉 RSI Indicator: RSI is at 69.30, just below overbought territory, indicating strong momentum. RSI crossover above signal line confirms bullish strength. 📍 Key Price Levels ✅ Breakout Zone: ₹435–₹440 🚀 Upside Targets (based on pattern projection and past resistance): ₹470 – minor resistance ₹510 – medium-term swing target ₹550+ – extended target if momentum sustains 🛡️ Support Levels: ₹435 – breakout retest zone ₹415 – minor base ₹390 – handle bottom (critical invalidation) 🔻 Stop Loss Zone: Below ₹415–₹420 for risk-managed swing positions 🛠️ Trading Strategy Entry: After confirmation candle above ₹440 or on pullback to retest breakout zone Stop Loss: Below ₹415 Targets: ₹470 → ₹510 → ₹550+ Risk/Reward: Attractive R:R setup with confirmation indicators ⚠️ Disclaimer This chart is for educational and analysis purposes only. Please consult a SEBI-registered financial advisor before taking any trading decision.
NSE:HERITGFOODLong
by PriceAction_Pulse
ONESOURCE |Volatility Contraction Pattern (VCP) |**Volatility Contraction Pattern (VCP)** – popularized by Mark Minervini as a high-probability breakout setup. Here’s a breakdown of the VCP structure for the **ONESOURCE SPECPL PHARMA LTD** chart: --- **🔍 VCP Analysis (Volatility Contraction Pattern)** ✅ **Stock:** ONESOURCE SPECPL PHARMA LTD ✅ **Timeframe:** Daily chart ✅ **Pattern:** VCP with sequential tightening of price ranges. **Key Characteristics:** * **Contractions (Tightening):** * **First contraction:** ₹1,755➡️ ₹1,200 (Large drop – “cup”) * **Second contraction:** ₹1,755 ➡️ ₹1,319 (smaller “handle”) * **Third contraction:** ₹1,755 ➡️ ₹1,558 (even tighter) * **Tightening volatility:** Each pullback becomes smaller and volume decreases—a hallmark of VCP. **✅ Breakout Trigger:** * Clear breakout above ₹1,755 resistance zone. * Strong volume surge—confirms institutional accumulation. **💡 Key Targets:** * Measured target: ₹2,305 (based on the height of the last contraction leg and breakout zone). * As long as the price holds above ₹1,755, the VCP breakout is valid. --- **Takeaway:** The ONESOURCE chart beautifully illustrates the VCP—each successive contraction tightens, and the breakout confirms the pattern. Traders can use a stop-loss just below ₹1,755 for a risk-managed trade.
NSE:ONESOURCELong
by DailyCharts03
PIIND | Cup and Handle | Breakout | Good volume **Stock:** PI INDUSTRIES LTD (PIIND) **Chart Type:** Daily chart **Pattern:** Cup and Handle formation ✅ **Key Technical Highlights:** * A cup and handle pattern has formed, signaling a potential bullish breakout. * Breakout level (resistance) is around ₹3,736, which has been successfully breached. * Price has reached ₹3,970.30, indicating strength in the breakout. ✅ **Measured Target:** * The measured move suggests a price target of approximately ₹4,504, reflecting a potential \~20% upside from the breakout level. ✅ **Volume Confirmation:** * There’s a significant rise in volume during the breakout, confirming the strength and reliability of the move. ✅ **Key Support Level:** * The breakout level at ₹3,736 now acts as immediate support. ✅ **Overall View:** * With the breakout confirmed above ₹3,736, a strong uptrend is expected towards ₹4,504. Proper stop-loss below ₹3,736 can be used to manage downside risk.
NSE:PIINDLong
by DailyCharts03
RELINFRA | Cup and Handle | Breakout | Good volume | Risky **Stock:** RELIANCE INFRASTRUCTURE LTD (RELINFRA) **Chart Type:** Weekly chart **Pattern:** Cup and Handle formation ✅ **Key Technical Highlights:** * The stock has formed a classic cup and handle pattern on the weekly timeframe, indicating a potential long-term breakout. * The breakout level (resistance) is around ₹323. * Price has successfully broken out above this level, confirming the breakout. ✅ **Measured Target:** * The measured move suggests a price target of approximately ₹638, implying a near 100% upside from the breakout level. ✅ **Volume Confirmation:** * A noticeable surge in volume during the breakout phase suggests strong buying interest and validates the breakout. ✅ **Key Support Level:** * The breakout level at ₹323 now acts as immediate support. ✅ **Overall View:** * The breakout above ₹323, accompanied by good volume, suggests a high probability of further upside towards the target of ₹638. Traders may consider a risk management plan with stop loss below the breakout level to manage potential reversals. Risky bet, as it is not a good fundamental company.
NSE:RELINFRALong
by DailyCharts03
RADICO - Cup & Handle Breakout | Daily Chart📊 RADICO KHAITAN LTD (RADICO) – Cup & Handle Breakout | Daily Chart 📅 Chart Date: June 4, 2025 📈 CMP: ₹2,670.80 (+4.78%) 📍 Ticker: NSE:RADICO 🔍 Technical Breakdown ☕ Cup & Handle Breakout Confirmed A classic Cup & Handle formation has played out with a bullish breakout above the neckline near ₹2,640–₹2,670. The pattern is well-structured, showing clear accumulation followed by a rounded bottom and brief consolidation. 📏 Measured Target: The height of the cup (~₹620) projects an initial target near ₹3,129, aligning closely with the 161.80% Fibonacci Extension level. ⚙️ Indicators Used 🔹 Chart Pattern: Cup & Handle 📐 Fibonacci Retracement & Extension 📊 Volume Spike: Strong breakout volume 📈 EMA Cluster: 20/50/100/200-day — bullish alignment 🟢 EMA Support: Price sustaining well above EMAs; 200 EMA ~₹2,000 📍 Key Price Levels ✅ Breakout Zone: ₹2,640–₹2,670 🚀 Upside Targets: 📈 127.20% – ₹2,853 📈 161.80% – ₹3,129 📈 200% – ₹3,352 (extended swing target) 🛡️ Support Levels: ₹2,467 – 78.6% Fibo ₹2,333 – 61.8% ₹2,145 – 38.2% ₹2,029 – 23.6% 🔻 Invalidation/Stop: Closing below ₹2,467 (strong Fibo + EMA support zone) 💼 Trading Strategy Entry: On breakout retest or strong close above ₹2,670 Stop Loss: ₹2,467 Target Range: ₹2,853 – ₹3,129 – ₹3,350+ Timeframe: Short to medium term swing ⚠️ Disclaimer This analysis is for educational purposes only. Please do your own research or consult a financial advisor before making trading/investment decisions.
NSE:RADICOLong
by PriceAction_Pulse
CAMS | Cup and Handle | Breakout | Good volume### **Technical Analysis of CAMS (Computer Age Management Services Ltd - NSE)** The chart highlights a **cup and handle** pattern, signaling bullish continuation. ### **Pattern, Target & Stop Loss:** - **Cup and Handle Formation:** Indicates prolonged accumulation followed by a breakout attempt. - **Breakout Level:** **4,125.00 INR**—if price sustains above this, the bullish trend strengthens. - **Target Price:** **5,213.00 INR**, projected based on cup depth, reflecting **26.38% upside**. - **Stop Loss:** Ideally near **3,950.00–4,000.00 INR**, below handle support to manage risk. ### **Volume Analysis:** - **Current Volume:** **Significant increase**, confirming strong buying interest. - **Validation:** Sustained volume above moving average is critical for confirming trend continuation. ### **Indicators to Watch:** - **RSI:** Above **60** strengthens bullish conviction. - **MACD:** A bullish crossover would reinforce momentum. - **Support Levels:** **4,125.00 INR**—must hold for trend continuation.
NSE:CAMSLong
by DailyCharts03