Possible Cup and handle Breakout in ICICI SecStock has given breakout from its cup and handle pattern with good volume in Daily time frame.
If stock is coming for retest its previous resistance of 540-530 should act as immediate support. For further upside movement, stock has to close above 557.
All the possible targets are marked on the chart. Maintain strict stop loss at 490.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:ISEC
Cupandhandlepattern
Breakout in SHANTIGEARBreakout (cup and handle) in SHANTIGEAR in Daily timeframe.
Entry: 212
Target: 282
DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
JK TYRE LTDJK TYRE GOOD FOR SWING TRADING
Cup and handle pattern breakout
buy 195
1st target 215
2nd target 240
multi pattern tgt 700+ iifl Flagpole+ cup and handle+ symmetric trianlge,
iifl will beat manapuram in gold and in future might beat muthoot ,
currently very under valued with perspective of market cap can a multibagger in long term
intraday, swing, short termadd this stock in your watch list
cup and handel structure is formed.
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
Cup and Handle pattern is seen in Bank nifty today againWhat 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 again and ready for breakout/down. Or Market can make a Head and shoulder pattern (another shoulder is in formation) ... lets see
Please see earlier idea published on Aug 26 for similar patterns.
CARBORUNDUM UNIVERSAL - C&HEntry : 879
Target 1 : 934
Target 2 : 1000
Stop Loss : 860 (Closing Basis)
-- Small C&H breakout with good volumes
-- Inverse H&S pattern BO and retested.
KPIT - Ascending Triangle + Cup & Handle Breakout 📊 Script: KPIT (KPIT TECHNOLOGIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500
📊 Sector: Information Technology
📊 Industry: Computers - Software & Consulting
Cup & Handle Breakout
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages is also giving crossover.
📈 Volume is increasing along with price.
📈 Script is giving Trendline + Ascending Triangle + Cup & Handle Breakout as shown in chart.
📈 Current RSI is around 67.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 605
🟢 Target 🎯🏆 - 684
⚠️ Stoploss ☠️🚫 - 574
⚠️ Disclaimer: DowJones & NASDAQ futures down more than 1% due to US. AUG INFLATION AT 8.3 % V 8.1 % EST. Take position according to your comfort level and conviction.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅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!🥂
ALLCARGO LOGISTICS LTDALLCARGO LOGISTICS LTD GOOD FOR SWING TRADE
cup and handle pattern breakout with volume breakout
stop loss =375
buy= 418.65
1sttarget =458
2nd target =499
Nifty near Ultimate high ... Long for if Breaks Levels Nifty form Cup and handle Patter over 1D frame and almost near or in range of nearest long high ... Probability of Upward and Downward both
Possible Cup and Handle Breakout in L&T Finance HoldingStock has given breakout from its cup and handle pattern with good volume in hourly time frame.
Now stock is retesting its previous resistance of 84-82. For further upside movement stock has to close above 85.80
All the possible targets are marked on the chart. Maintain strict stop loss at 78.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:L_TFH
AXISBANK T1 Hit, T2 Updated !!NSE:AXISBANK
#NSE:AXISBANK shared and reached T1 and heading towards T2 levels updated.
Cup and Handle pattern Formation of Cup and Handle suggest entry above 800 with a RR of 2.5, its a positional trade good for swing and momentum too !
800 levels show is a break out of down trend which suggest bullish bias. This is a conditional trade !
MCDOWELL - Triangle pattern + Cup & Handle breakout - SwingThe 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.
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.
INFOSYS AGAIN??INFY finally breaks out of its long term resistance zone AGAIN after breaking past the 50EMA on above average volume.
Very favourable risk to reward with the stop loss below the 50EMA
Target near the recent breakout high.
Keep It Simple
Possible Cup & Handle Pattern Breakout in ATUL LTDCup & Handle Formation signs:
1. Volume dry-ups near the lows of the price pattern.
2. Big volume spike on reversal of price pattern.
3. Volume dry-up on the price pull-backs.
4. Improving Relative strength.
5. Tight areas in price pattern under accumulation.
6. Trading above 200 MA
How to trade it?
1. Watch out for Volume percent change on pivot breakout.
2. The day's volume should increase at least 40% to 50% above average.
3. Stoploss below the low of the handle.
Entry - Breakout of Pivot
Stoploss - 8760 (Below low of handle)
Target - 11000 (Depth% of cup)
Would like to thank William J O'Neil for explaining this beautiful pattern.
Thank you
Saurabh Yadav
cup completed cup completed two days back highest vol in RH side of cup and 2 days low vol pull back suggest continuation on upside
AXISBANK 75m.. Cup and Handle within Head and ShouldersAXISBANK 75m chart is exhibiting a cup and handle bottom formation within a broader tilted Head and Shoulders formation. Bulls and bears fighting for dominance, although bulls seem to be winning with this cup and handle in place.
Would be interesting next few days to see which side the tide turns and therefore which side do we need to turn and enter our position.
Cup and handle Pattern breakout in DEEPAKNTRThe cup and handle pattern is one the most reliable pattern if it shows these signs in its formation:
Big volume buying on the reversal from lows which shows that institutions are buying.
Volume dry up on pullback shows in handle shows that the supply is being consumed by institutions showing no selling pressure.
2x or 3x the average volume on pivot breakout.
Big price candle on breakout
Entry - 2185
Stoploss - 1930
Target - 2500/2600
I hope this analysis helps you take better decisions on the stock.
Thank you
Saurabh Yadav
AXISBANK Cup & Handle !!NSE:AXISBANK
#NSE:AXISBANK formed beautiful #Cupandhandle pattern.
Closed above resistance level. sustained above the level may show good momentum.
lti back in uptrendstock corrected almost 50% from its 52 week high
and we can see double top formation and price corrected
and now double bottom is formed
and cup is made of double bottom with falling wedge as handle
now we can consider it to be in the buyzone and we also see rsi positive divergence + price closing above 75 ema
so multiple signals prove that we have a strong up trend
