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Cupandhandlepattern

Sundaram Clayton Rounded Bottom formationStock looks to have completed Expanding Triangle pattern in wave 4 and have bounce after taking support near 3700. On longer term horizon stock is making rounded bottom pattern which after completing should make cup and handle pattern. Wave 5 targets Entry and stop loss as per charts. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. Not recommended to take FnO positions based on this analysis I may or may not trade this analysis. Details in description.
SLong
by Niftydirection
VIPIND - Cup & Handle Breakout - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months 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.
NSE:VIPINDLong
by TradewithAditya
PRICOL | Retest Support Candidate after ATH BO |Buy for 60%NSE:PRICOLLTD Pullback candidate to retest support after Multi-Year Cup & Handle Bottom Breakout Stock making Consistent Higher High & Higher Lows Consistent Buying in last 12 months Did not fall in recent correction of Dec'21 & Jan'22 signals strength & potential new market leader Buy on any correction B/w 125-110 Return Potential : 60%(Min) Targets : 146 - 156 - 173 - 186 SL : 100 Golden Cross Over Monthly & Weekly RSI>60
NSE:PRICOLLTDLong
by manuvsingh
INDIANBANK -Potential Cup & Handle formation + Ascending ChannelThe analysis is done on weekly TF hence price may take few weeks to few months 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.
NSE:INDIANBLong
by TradewithAditya
UNIONBANK - Retest of CUP & HANDLE breakout - Swing tradeThe analysis is done on weekly TF hence price may take few weeks to few months 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.
NSE:UNIONBANKLong
by TradewithAditya
INDIAN OIL CORPORATION INDIAN OIL CORPORATION 1- making perfect cup and handle formation 2- 125-127 is the demand and supply zone that has played its role many a time looks at the chart for more clues 3- if we consider harmonics as well in this chart it is making perfect w pattern consider the leg of xb as 0.50 (though on the chart it is 0.531 , we can consider it as 0.50) 4 so that targets are coming close to 137-140 range 5 Most important with recent swing to recent swing high if consider as per the Fibo also it is has done its 0.50 retracement which is sign a healthy retracement so putting all the points in consideration i am personally bullish in these stocks - only the closing above 127 all the above explanations are as per my understanding Note:- I am not a SEBI Registered analyst. we do not recommend andy buy or sell, in case you wish to do so consult a financial advisor first we shall not be responsible for any of your losses and profits Do comment on the chart and let me know in case you wish to learn more on charts Thank you
NSE:IOCLong
by helloindia123
1
Bajaj Finserv Ltd.: Cup n HandleBajaj Fiserv Ltd is currently engaged in life insurance, general insurance and consumer finance businesses and plans to expand its business by offering a wide array of financial products and services in India. Apart from financial services, the company is also active in wind-energy generation. CMP: 15528.95 In Bajaj Fin. Cup and handle structure/ Pattern on 14722 market retraced up to 15450. and move for big downfall up to target 11490. Feel free to share your feedback and queries. If you want to know about your stock please mention in comment.
NSE:BAJAJFINSVShort
by vahabsheikh
4
PRESSMN - Cup & Handle Breakout - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months 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.
PLong
by TradewithAditya
Cup and Handle PatternA Cup and Handle pattern is a bullish continuation pattern that resembles a teacup on a candle chart followed by a breakout. The cup part of the pattern is where the price gradually changes its direction from bearish to bullish. The handle part is when the price pullback slightly before roars higher and continues the previous trend. Cup and handle is used to understand the reinforcement of the trend and explains in case you want to double your position or sustain the position for a longer time period. This pattern can take between 30 to 60 candles to form on any given time resolution. 1. Cup: The cup should be “U” shaped and resemble a bowl or rounding bottom. Generally, cups with longer and more “U” shaped bottoms, the stronger the signal. The cup should not be too deep. The depth of the cup should retrace 1/3 or less of the previous advance. Volume should dry up on the decline and remain lower than average in the base of the bowl. 2. Handle: After the high forms on the right side of the cup, there is a pullback that forms the handle. The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes this handle resembles a flag. If the right side of the handle breaks above the peak formed between the cup and the handle, it confirms that the pattern is complete and that the uptrend will resume. There should be a substantial increase in volume on the breakout above the handle's resistance. The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.
HEducation
by MandeepSinghKohli
18
Target 2 Achieved | +33% Gain in just 10 days | Dwarkesh Sugar This is the update to my earlier view shared on 14th Nov 21 on Dwarkesh Sugar. As on 14th Nov expectation was that 78.50 should be crossed in the coming two weeks. 10 days later the overall markets became weak. The above view was revised on 28th Nov indicating that 4-6 weeks of patience would be needed. It took a total of 7 weeks instead of initial anticipated 2 weeks of consolidation. Which was in fact a very good thing to happen. During these 7 weeks Dwarkesh traded in a narrow range. It printed more green days than red and also showed good signs of accumulation. Of the total 35 sessions, -18 bars were green and - 7 green bars had above average buying volumes. - Red bars majorly were showing below average volumes. All excellent signs of institutional accumulation. Also during these five weeks of consolidation two attempts at breakdown failed. Dwarkesh eventually neared the rising 200day sma support zone. With the second breakdown attempt failing above 200d sma, breakout above 74.50 was now needed for entry; The Trade Plan was revised as below for entry above the narrow range. Entry : On Breakout above at 75.40 Initial Stop Loss (ISL): Below @ 64.80 (SL based on structure) Note: Breakout above was needed with high volumes. On 4th Jan 2022, the breakout occurred and entry was triggered in the opening hour itself. The trading volumes within the first hour of open supported the rise and eventually made the stock hit the upper circuit by the close of the day. Thereafter Dwarkesh Sugar took just 9 sessions to return an impressive gain of +33%. Patience pays. Waiting it out for the right time until; A. the low risk entry exists B. in the right direction and C. at the right location is the key to winning the momentum game. Catching a momentum stock is much like waiting for the spring to be compressed fully. Then just jumping on the spring just before the pressure is released, will help one to fly higher with little effort. Can you see that pattern? What have you learned from these studies and updates, and how will you apply and gain from it? Thank you for checking out my content. Hope you liked It. 👇👇 Check my idea snapshot image dated : 14th Nov 2021 Click below and see the related idea titled: Dwarkesh Sugar: Will it break out to give a +30% gain? FOLLOW for more !!! LIKE & SHARE if you found it useful !!!! COMMENT below your views and suggestions !!!
NSE:DWARKESH
by amar_gr