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Cupandhandlepattern

KPRMILL - Daily - Cup and Handle - BreakoutPattern: "Cup and Handle" pattern Cup/Rounding Bottom: Formed from approximately late 2024/early 2025 to late April 2025, with the low around 755.50. Handle: A small consolidation (handle) has formed in early May 2025, right at the neckline. Neckline: The resistance or neckline of this pattern is around 1,083.00 - 1,084.40. The price is currently testing or attempting to break out above this neckline. Volume: A significant volume spike is visible on the most recent candle, which is attempting the breakout. This is a positive sign. Target: The depth of the cup (approximately 324.15 points) projected from the neckline gives a potential target of around 1,408.50. Support: The neckline around 1,083.00 - 1,084.40 will act as support if the breakout is successful. The low of the cup (755.50) is major support. Resistance: The immediate resistance is the neckline itself. Once cleared, the target of 1,408.50 becomes the next significant resistance. Interpretation: KPR Mill is at a crucial juncture, attempting to break out from a large bullish pattern. The high volume on the breakout attempt is encouraging. A sustained close above the 1,084.40 level would confirm the breakout and suggest a move towards the 1,408.50 target
NSE:KPRMILLLong
by DailyCharts03
Vintage Coffee and Beverages Ltd (VINCOFE) - Daily ChartVintage Coffee and Beverages Ltd (VINCOFE) - Daily Chart Pattern: A clear "Cup and Handle" pattern is identified. Cup: Formed roughly between late February 2025 and late April 2025, with the low around 75.00. Handle: A small consolidation (handle) formed in early May 2025. Breakout: The price appears to be breaking out or has just broken out above the neckline of the cup and handle pattern, which is around the 103.00 - 103.25 level. Volume: There's a noticeable increase in volume on the breakout day, which is a positive sign, adding strength to the breakout. Target: The depth of the cup (approximately 29.70 points) is projected upwards from the breakout point. This gives a potential target of around 134.68. Support: The breakout level around 103.00 - 103.25 should now act as support. The low of the cup (75.00) is a more significant support. Resistance: The immediate resistance would be the recent swing highs during the handle formation, and then the projected target of 134.68. Interpretation: The chart suggests a bullish outlook following the Cup and Handle breakout, supported by good volume. The stock has the potential to move towards the 134.68 target as long as the breakout level holds.
NSE:VINCOFELong
by DailyCharts03
1
APL APOLLO TUBES LTD - Consilidation- Cup and HandleAPL APOLLO TUBES LTD - Daily Chart Pattern: The chart shows a period of Price Consolidation from June 2024 within a broad range, roughly between 1,300 and 1,640. Within this larger consolidation, a "Cup and Handle" pattern has formed more recently. Cup: Formed from approximately mid-February 2025 to mid-April 2025, with the low around 1,272.70. Handle: A smaller consolidation (handle) formed in late April/early May 2025. Neckline/Breakout Level: The price is attempting to break out above the neckline of this Cup and Handle, which also coincides with the upper resistance of the broader consolidation range, around 1,640.00 - 1,648.00. Volume: Volume appears to be increasing on the current breakout attempt from the handle and the larger consolidation. Target: The depth of the more recent cup (approximately 284.95 points) projected from the breakout (around 1,586 - which seems to be the C&H neckline) gives a target around 1,850.40. The height of the larger consolidation (from Oct 2024, approx 308.05 points) projected from the upper boundary breakout (around 1,648) gives a target around 1,957.60. The chart uses both. Support: The breakout level around 1,640.00 - 1,648.00 is the key immediate support. The low of the cup (1,272.70) is a more significant long-term support. Resistance: The immediate resistance is the current breakout zone. The projected targets of 1,850.40 and 1,957.60 are the next resistance levels. Interpretation: APL Apollo is attempting a significant breakout from both a recent Cup and Handle pattern and a longer-term consolidation range. If successful, this could lead to a strong upward move towards the projected targets. The increased volume supports the bullish case. Confirmation above 1,648.00 is key.
NSE:APLAPOLLOLong
by DailyCharts03
PNB Housing Finance – Weekly Positional Setup🏠 PNB Housing Finance – Weekly Positional Setup 🧭 Strategy: Cup & Handle breakout | 🏦 Sector: Housing Finance / NBFC 🔍 Setup Overview The stock is trading above key DMAs, indicating strong trend alignment 🔼 Sector momentum is clearly picking up — Housing Finance & NBFCs showing traction 📈 After briefly breaking below its ascending channel, price is now attempting a re-entry — often a bullish sign of reclaiming strength 🔁 A Cup & Handle pattern is forming on the weekly chart — a classical continuation setup 🏺 The first breakout zone was ₹1034.05, which had decent Weekly volume — but caution due to weakness seen in Daily TF 📉 📊 Volume Insight (Why It Matters) ✅ Weekly TF shows volume spike during recent bullish move ⚠️ However, on the Daily TF, red candles had higher volume — suggesting distribution or supply at higher levels ⛔ Avoid low-volume breakouts — these tend to fail or trap early entries 🔑 Wait for a clean Weekly close above ₹1086.50 with volume support(Risk Takers can take the leap now) 🧩 Confluence Factors (Multiple Confirmations = Stronger Setup) Pattern is forming inside a long-term ascending channel Reclaiming the channel = bullish structural strength Sector strength + stock above all key moving averages = powerful context All this happening in a period where broader market (Nifty 500) is still below 200DMA, making relative strength stand out ⚠️ Macro & Technical Risks Price could stall or reverse at the positional target near ₹1432.70 (ATH zone) Geopolitical uncertainty and macroeconomic shifts (rate changes, FII flow) could derail the move If volume does not accompany breakout, avoid or reduce position 🛡️ Risk Management & Strategy Use ₹934.70 as SL, based on structure, strictly on closing basis Total risk: 13.36%, potential reward: 31.85%, giving R:R = 1 : 2.36 Only enter after clear breakout confirmation with volume This is a positional setup, not a short-term one. Most important: Position sizing is critical — don’t overcommit on early setups 🎯 Educational Note Cup & Handle setups are most powerful when supported by: Multi-timeframe confirmation 📈 Sectoral strength 🏦 Channel/structural context 📐 Volume breakout 📊 Patience is your edge. Enter only when all the pieces align. Disclaimer: This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any securities. Always conduct your own research and consult with a qualified financial advisor before making any trading decisions. Past performance is not indicative of future results. Trade responsibly.
NSE:PNBHOUSINGLong
by sagartharayil
RADICO – Cup Base Forming | Testing Waters, No Diving Yet📈 RADICO – Cup Base Forming | Testing Waters, No Diving Yet RADICO is forming a classic cup base on the weekly chart, trading above key DMAS with improving structure and RSI strength. A pilot entry to test the strength of the setup — not a full position. 🔍 Technical Overview 🟢 Structure: Well-formed cup attempting a neckline test ⚠️ Volume: Currently drying up — wait for breakout + volume spike 📍 Entry: Early Pilot Entry t at ₹2,552.45 ✅ Add only if ATH breaks (₹2,638.95) with a clean weekly candle and volume confirmation ⚖️ Risk Management ❌ SL is deep (~15%) — manage position sizing carefully 💡 Expect shakeouts — volatility remains elevated 🧠 This is a positional pick, not a short-term play 🔄 Risk: Reward planned near 1:2, but no hard target in the current market volatility ⚠️ Macro Context Nifty 500 is still below its 200 DMA The market is not fully out of danger Be nimble, not aggressive 🧠 Final Thoughts Test the setup, don’t commit fully yet Let volume confirm — breakout without power = trap risk Trade as per your style Risk management isn’t optional — it’s survival 📉 Disclaimer: This is not investment advice. For educational purposes only. Do your own research and manage capital based on your strategy.
NSE:RADICOLong
by sagartharayil
DEEPAKFERT – Classic Cup & Handle Setting Up on the Weekly Chart📈 DEEPAKFERT – Classic Cup & Handle Setting Up on the Weekly Chart A potential Cup and Handle pattern is forming on the weekly timeframe. The stock is currently consolidating in the handle zone. A breakout above ₹1,474.5 with a clean candle and strong volume could trigger a positional move. 🔍 Technical Overview ✅ Structure: Weekly Cup & Handle formation in progress ✅ Currently consolidating within the handle ✅ Trading above key DMAs ✅ Volume is still dry – wait for a volume spike to confirm the breakout ✅ Sector showing strength – tailwind in favour 🎯 Levels to Watch 📌 Entry Above ₹1,474.50 (Breakout Confirmation) 🛡️ Stop Loss ₹1,146.10 (22.3%) 🎯 Positional Target To be updated post-breakout (1:2 R:R base) ⚖️ Strategy & Risk Management SL is deep due to volatile broader market — shakeouts are common Risk management & position sizing is crucial here Consider gradual accumulation rather than full entry at once Trade as per your style — high reward setups also come with structure-based risks 🧠 Final Note: This is a positional setup, not a short-term sprint. Let the pattern mature and watch for a decisive breakout with strong volume confirmation. 📉 Disclaimer: This is not a buy/sell recommendation. For educational purposes only. Do your own research and manage your capital wisely.
NSE:DEEPAKFERTLong
by sagartharayil
Vishal Mega Mart Ltd (VMM) Cup and Handle BO with good volumeThe chart you've provided is a **cup and handle breakout pattern** for *Vishal Mega Mart Ltd (VMM)*, which is a classic bullish continuation pattern in technical analysis. ### Key Observations: 1. **Cup and Handle Formation**: - The "cup" part of the pattern formed over February to mid-April. - The "handle" formed shortly after and broke out with a strong bullish candle on April 30. 2. **Breakout Details**: - Breakout above the resistance zone of **₹113.50–₹117.41**. - The stock closed at **₹118.48**, up **10%** on high volume—indicating strong buying interest. 3. **Price Target Projection**: - Depth of the cup is approximately **₹17.56**. - Projected target from breakout point (₹117.41) is around **₹127.50**, which is also marked on the chart. 4. **Volume Confirmation**: - Significant volume spike on the breakout day supports the validity of the breakout. ### Summary: This breakout is a bullish signal, and the target is around **₹127.50**, as long as the price sustains above the **₹113.50** support zone. A retracement to retest this breakout zone is possible, but the pattern remains valid unless it breaks below this support.
NSE:VMMLong
by DailyCharts03
3
TATACONSUM – Cup & Handle Breakout | VCP Formation🔍 Technical Overview: The stock has broken out of a classic Cup & Handle pattern. Early bird entry was around ₹1143.45. Currently trading near the 1-year ATH resistance at ₹1253.85. A Volume Contraction Pattern (VCP) might be playing out, with visible contractions and tight price action in the handle. Strong volume spikes seen during recent upmoves—indicating institutional interest. 📊 Price Levels: 📍 Entry Zone: ₹1143.45 – CMP 📍 Resistance to watch: ₹1253.85 – Breakout above this with volume can propel the stock higher. 📉 Stop Loss: ₹993.50 (on closing basis) ✅ Trading well above key DMAs (50, 100, and 200) 🌐 Market Context: While Nifty is holding above its 50 & 200 DMA, the Nifty 500 index is still below the 200 DMA, indicating broader market caution. Expect volatility and shakeouts in the near term. Market breadth is improving but risk management remains crucial. ⚠️ Risk Note: The current setup is promising, but given the broader market's fragile structure, strict SL adherence and position sizing is key.
NSE:TATACONSUMLong
by sagartharayil
Godfrey Phillips India Limited - 1D - Breakout Pattern: A cup and handle formation is visible, suggesting a potential breakout. • Trendlines: Two white downward trendlines indicate previous resistance levels, with the price recently breaking above them. • Breakout: The latest price action shows a breakout above resistance around ₹7,107, which could indicate a bullish move. • Volume: The volume bars at the bottom show increasing volume, confirming the breakout. Indicators: • RSI (Relative Strength Index) Indicator (Bottom Panel): • The red line (72.00) represents the RSI value. • The yellow-green line (60.61) likely represents a moving average or signal line. • The RSI above 70 suggests the stock is gaining relative strength and could be in an overbought zone. Resistance Levels: 1. ₹7,100 - ₹7,150 (Breakout Zone) → The stock has recently broken above this resistance. A successful retest and hold above this level could confirm further upside. 2. ₹7,600 - ₹7,700 → Next key resistance from previous highs (potential target if the breakout sustains). 3. ₹8,000+ (All-Time High Zone) → If momentum continues, this could be a longer-term target. Support Levels: 1. ₹6,800 - ₹6,850 (Breakout Retest Level) → If the price pulls back, this level should act as strong support. 2. ₹6,400 - ₹6,500 (Psychological & Trendline Support) → Below this is the next strong support from past price action and trendline. 3. ₹6,000 (Major Support Zone) → A breakdown below this could invalidate the bullish trend.
NSE:GODFRYPHLP
by PriceAction_Pulse
4
Bajaj Finserv Cup & Handle at Play! Will It Break Out?📌 Setup Overview: Stock in a 4-year trading range 📊 and currently trading just below this range. Cup and Handle formation ☕ along with a potential VCP setup (Volatility Contraction Pattern). No left-side resistance—unlike stocks that fell 40-50%, there are fewer trapped buyers here. Volume gradually increasing 📈, a necessary condition for a strong breakout. Finance sector showing strength 💰—index is trading above key DMAs and broke out of a base first. Stock is trading above key DMAs, adding technical confluence. 🎯 Trade Plan: ✅ Entry: Above ₹1,941 🔼 ✅ Immediate Resistance: ₹2,035 (Watch Price Action at this level) ✅ Stop-Loss (SL - Closing Basis): ₹1,547.80 (20.29% below entry) ✅ Target (Tentative Positional): ₹2,510.30 🎯 📌 Risk-to-Reward (R:R) & Percentages: SL Percentage: ~20.29% Target Percentage (from ₹1,941): ~29.34% R:R Ratio: 1:1.44 ⚠️ Key Risks & Considerations: 1️⃣ Immediate Resistance at ₹2,035 – Monitor price action here. If rejected, wait for a re-entry after confirmation. 2️⃣ Deep Stop-Loss (~20%) – Adjust position sizing accordingly. Do not go all-in at once. 3️⃣ Market Structure: If broader markets remain weak, reassess if Bajaj Finserv is showing relative strength or struggling. 📌 Final Thoughts: Wait for breakout confirmation above ₹1,941 with volume. 🚀 Monitor PA at ₹2,035—strong close above this strengthens the setup. Stick to SL discipline and trail as stock moves higher. 📢 Disclaimer: This is for educational purposes only. Not financial advice. Always manage risk and do your own research before making any trades. 🚀 Trade smart & stay disciplined!
NSE:BAJAJFINSVLong
by sagartharayil
CUP & HANDLE ON THE CHART - IS BAJAJ FINSERV READY FOR LIFTOFF?Symbol - BAJAJFINSV Bajaj Finserv Ltd. is a leading Indian financial services company engaged in insurance, lending, asset management, and wealth advisory. It operates through its subsidiaries like Bajaj Finance and Bajaj Allianz, making it a major player in the sector. The company is classified as a Systemically Important Non-Deposit taking NBFC. Bajaj Finserv has recently shown a strong bullish breakout after forming a cup and handle pattern on the larger TF charts - A widely recognized bullish continuation setup. The breakout has occurred with notable volume, lending credibility to the move and signaling the potential for a sustained uptrend. The stock is currently trading just above its breakout point, and a retest of the breakout zone 1980-2000 is possible. This area now acts as a strong support and provides an attractive entry opportunity for long positions. Based on the technical pattern, the medium-term target for the move is projected at around 2450, implying an upside of nearly 22% from current levels. The pattern’s depth and the strength of the breakout support this target. For risk management, a stop loss around 1800 is suggested, just below the handle's base, providing a good risk-to-reward setup. The formation and breakout from the cup and handle pattern on a higher time frame adds strong bullish conviction to Bajaj Finserv’s chart. For investors looking to ride a medium-term trend with favorable risk-reward dynamics, this may be an opportune moment to enter or accumulate. Disclaimer: The information provided here should not be construed as a buy or sell recommendation. It reflects my personal analysis and my trading position. Please consider this trading idea for educational purposes only. Thank you!
NSE:BAJAJFINSVLong
by akshit_official
10
RIDING THE WAVE - CUP & HANDLE BREAKOUT IN MANAPPURAM FINANCESymbol - MANAPPURAM CMP - 234.16 Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. The Company is a Systemically Important Non-Deposit taking NBFC. Manappuram Finance Ltd. has recently demonstrated a significant bullish breakout, having formed a classic cup and handle pattern on a larger time frame and breaking out with strong volume. The cup and handle pattern is a well-regarded bullish breakout formation, and when it occurs on weekly or larger time frames, it tends to be highly reliable, indicating a robust upward momentum. Currently, the stock price may retest the breakout zone, which coincides with the previous resistance area; now turned support - around the 230 to 217 range. This retest is a natural price action behavior and offers an attractive entry point for long positions before the stock continues its upward trajectory. The target for this breakout, based on technical projections, is around 350, representing a 60% upside from the current market price. Given the strength of the breakout and the established pattern, this target appears achievable over the medium term. For risk management, a stop loss can be placed around the 197 level, providing a reasonable cushion in case of a price reversal. From a broader perspective, the formation of a cup and handle pattern coupled with a successful breakout on higher time frames adds a significant bullish bias to the stock. Investors looking for a favorable risk-to-reward setup may find this an opportune time to initiate or add to their positions in Manappuram Finance. Disclaimer: The information provided here should not be construed as a buy or sell recommendation. It reflects my personal analysis and my trading position. Please consider this trading idea for educational purposes only. Thank you!
NSE:MANAPPURAMLong
by akshit_official
10
Identifying Winning Sectors Before the Big MoveIn this video, we dive deep into how to identify winning sectors before they make their big moves—with a real-world case study on the EMS (Electronic Manufacturing Services) sector. You'll learn: How to spot early signs of sector strength using price action and volume. Why the EMS sector is showing promising signs based on recent market behavior. Whether you're a swing trader, positional investor, or just looking to sharpen your edge—this video will equip you with actionable insights to stay ahead of the curve. ⚠️ Important: Market conditions are getting better, Position size 20% per Trade. Protect Capital Always ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven. ✅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 MMT. Cheers!🥂
NSE:SYRMALong
by MMT_MakeMoneyTrading
#HDFCBANK - Potential Breakout / Keep in WL 📊 Script: HDFCBANK Key highlights: 💡⚡ 📈 Cup & Handel Break Out in Daily Time Frame. 📈 Price consolidation near Resistance 📈 Enter only if Volume spike is seen. 📈 One can go for Swing Trade. BUY ONLY ABOVE 1838 DCB ⏱️ C.M.P 📑💰- 1806 🟢 Target 🎯🏆 – NA% ⚠️ Stoploss ☠️🚫 – NA% ️⚠️ Important: Market conditions are bad, Position size 20% per Trade. Protect Capital Always ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven. ✅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 MMT. Cheers!🥂
NSE:HDFCBANKLong
by MMT_MakeMoneyTrading
#SHYAMMETL - Cup & Handel Break Out in Daily Time Frame. 📊 Script: SHYAMMETL Key highlights: 💡⚡ 📈 Cup & Handel Break Out in Daily Time Frame. 📈 Price consolidation near Resistance & gave a BO with Volume 📈 Volume spike seen. 📈 MACD Bounce 📈 RS making 52WH 📈 One can go for Swing Trade. BUY ONLY ABOVE 915 DCB ⏱️ C.M.P 📑💰- 914 🟢 Target 🎯🏆 – 14% ⚠️ Stoploss ☠️🚫 – 7% ️⚠️ Important: Market conditions are getting better, Position size 50% per Trade. Protect Capital Always ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven. ✅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 MMT. Cheers!🥂
NSE:SHYAMMETLLong
by MMT_MakeMoneyTrading
Bitcoin Weekly Analysis: Two Consolidation Phases Market Overview Bitcoin is currently consolidating after reaching $108K, forming a cup and handle pattern on the weekly timeframe. This is the second major consolidation phase in BTC’s recent uptrend. The first phase, seen earlier in the cycle, led to a powerful breakout, and history could repeat if BTC clears FWB:88K –$90K. BTC remains in a pre-breakout phase, and the coming weeks will determine whether it surges toward new all-time highs or undergoes a deeper correction. Two Major Weekly Consolidation Phases 1st Consolidation Phase (July–Dec 2024): BTC traded within a $56K–$72K range, forming the base of the cup. Once BTC broke out of this range, it rallied straight to $108K, confirming a strong uptrend. 2nd Consolidation Phase (Feb–Present 2025): BTC peaked at $108K and started a healthy retracement, forming the handle of the pattern. It is now trading between $80K– FWB:88K , preparing for the next breakout. This consolidation mirrors the first phase and could fuel another explosive move higher. Technical Breakdown 1. Key Support & Resistance Levels Support Zones: $80K– GETTEX:82K → Short-term support; must hold to sustain bullish momentum. $74K–$76K → If BTC drops lower, this zone should act as strong demand. Resistance Zones: FWB:88K –$90K → The breakout level; BTC needs to close above this to confirm bullish continuation. $100K–$108K → Major resistance; if cleared, BTC enters price discovery mode. 2. Breakout Potential & Price Targets A weekly close above $90K signals a confirmed breakout of the second consolidation phase. Measured Move Target: Short-Term: $108K retest. Extended Target: $120K+ if bullish momentum continues. 3. Bearish Scenario & Invalidation A failure to reclaim FWB:88K –$90K could lead to an extended consolidation. A break below $80K weakens the cup and handle setup. If BTC drops below $74K, we may see a retest of the $72K–$74K range before a renewed attempt to break out. Final Take: Preparing for the Next Big Move Bitcoin’s price action closely resembles its first consolidation phase, which resulted in a breakout to $108K. The current consolidation is setting up for another strong move, with FWB:88K –$90K acting as the key breakout zone. If BTC follows the same pattern, we could see a powerful surge to $120K+ once resistance is cleared. However, failure to hold $80K may delay the breakout. We should watch for a decisive weekly close above $90K as confirmation for the next major bullish leg!
BITSTAMP:BTCUSD
by sparkrlight
ZEEL : Breakout Candidate#zeel #trendline #breakout #patterntrading #chartpattern #cupandhandlepattern #momentumtrade #swingtrade Zeel : Swing Trade >> Trendline Concept >> Cup & Handle chart pattern visible >> Moving Avg Concept also suggests Breakout of 50 EMA >> Breakout point of Trendline / Chart Pattern & Moving Avg concept are all in confluence at same point. (Refer both charts) >> Hence its a Breakout candidate, probability is higher >> Upside potential is of 20-25% & Downside Potenial is 9-10% >> So a good 1:2 Risk Reward Trade Swing Traders can lock profit at 10% and keep Trailing Please Boost, comment and follow us for more Learnings. Note : Markets are still Tricky and can go either ways so don't be over aggressive while choosing & planning your Trades, Calculate your Position sizing as per the Risk Reward you see and most importantly don't go all in Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
NSE:ZEELLong
by moneyfesttrading
2
UPL Ltd - Cup & Handle Breakout Setup📊 Trade Plan: Breakout Entry: Above ₹662 (With 4x-5x Volume Confirmation) Stop Loss (SL - Closing Basis): ₹581.95 Target 1 (T1): ₹775 Target 2 (T2): ₹831 Current Price: ₹646 📈 Risk & Reward Calculation: Risk to SL: ₹646 - ₹581.95 = ₹64.05 (9.91%) Reward to T1: ₹775 - ₹662 = ₹113 (17.07%) Reward to T2: ₹831 - ₹662 = ₹169 (25.53%) Risk-Reward (R:R): To T1: 1:1.72 ✅ To T2: 1:2.57 ✅ 📊 Technical Highlights: ✅ Cup & Handle Formation: Classic bullish pattern with a potential breakout ✅ Trading Above Key DMAs: Supports bullish structure ✅ Sectoral Strength: Agrochemicals showing momentum, aiding UPL ✅ Volume Confirmation Needed: Avoid entry without 4x-5x volume spike ✅ Trading Against Trend: Trade light, no heavy positions 📉 Fundamental Concerns: ❌ ROE (-4.28%) & ROCE (3.29%) are poor: Indicates weak profitability ❌ High Debt & Low Efficiency: Capital allocation is not optimal ❌ Dividend Yield (0.15%) is Low: Not an income-generating stock ❌ Market Cap: ₹48,512 Cr – Large cap, but currently weak performance 🔎 Key Insight: UPL's fundamentals are weak with low profitability (negative ROE) and poor return on capital (ROCE 3.29%), meaning the stock relies more on technical breakout rather than strong financial backing. ⚠️ Risks Involved: ❌ Breakout Failure Risk: If ₹662 is not sustained, stock may fall ❌ Sector Volatility: Agrochemicals are cyclical, demand-dependent ❌ Overall Market Weakness: If Nifty falls, UPL may struggle ❌ Fundamentally Weak: Not ideal for long-term holding 🚨 Disclaimer: ⚠️ This is not financial advice. Trade light and avoid heavy risk, as this setup goes against the long-term trend. Ensure proper risk management before entering. Volume confirmation is a must! 🚀
NSE:UPLLong
by sagartharayil
PG ELECTROPLAST LTD (NSE: PGEL):Double Bottom & CNH📈 PG ELECTROPLAST LTD (NSE: PGEL) – Trade Setup & Analysis 🔹 Trend: Stock is in an uptrend, previously a cycle winner. Corrected significantly in the recent market fall but is now recovering and trading close to ATH. 🔹 Technical Highlights: Trading above key DMAs ✅ Double bottom, VCP, and CNH formation (not textbook-perfect but forming) Volume missing but RSI improving 📈 Price action near ATH to watch – a high-volume breakout could signal a strong move. 🔹 Key Levels: Entry: ₹925.70 SL (Closing Basis): ₹705.25 🛑 ATH Resistance: ₹1,053.80 🔹 Market Structure: LL-LH trend in the broader market, so caution advised ⚠️ Gradual accumulation suggested, wait for confirmation on breakout with volume. Breakouts are prone to failure in weak markets – risk management is key. 🔹 Fundamentals: Market Cap: ₹26,226 Cr Stock P/E: 124 (High Valuation ⚠️) Book Value: ₹40.5 Dividend Yield: 0.02% ROCE: 18.7% | ROE: 18.9% ✅ Sales Improving YoY but OPM% needs improvement EPS Improving, Profits Rising ✅ 📌 Final Thoughts: Monitor price action near ATH – strong volume breakout = potential buy. Weak market structure means all setups carry a higher failure risk. Company fundamentals are decent, but valuations are stretched. 🔍 Do your own research before committing capital. This is a potential mover but needs confirmation!
NSE:PGELLong
by sagartharayil
JSW Steel – A Different Perspective.📢 JSW Steel – A Different Perspective (Not a Trade Recommendation) Let's talk about JSW Steel 🏗️ and why it's worth watching. More importantly, this post is to highlight why you should keep doing your homework even in a bear market 📉. If fear stops you from researching, you might miss the next big move! 🔍 Why This Stock is Interesting: ✅ Uptrend Since May 2022 – The stock has been in an ascending channel 📈, respecting the lower trendline. ✅ Higher Highs & Higher Lows (HH-HL) – The bullish structure remains intact. ✅ Trendline Breakout & Cup and Handle (CnH) Formation – A classic bullish signal ⚡. ✅ Relative Strength – While many stocks corrected 30-40%, JSW Steel held strong with just an 18% correction. ✅ Sector Strength – Metals broke out of consolidation, and if China rebounds, the spillover effect could benefit this sector. ✅ Above Key Moving Averages (DMAs) – Indicates positive momentum 📊. ⚠️ Risks Involved: ❌ The overall market is still weak 🛑. ❌ Bottom formation is uncertain – We might not have seen the final dip yet. ❌ Trading against the trend – Caution is needed when going against broader market sentiment. 🎯 Key Levels to Watch: 🔹 Support: ₹939 – Holding this level is crucial. 🔹 Break Below ₹879 – Could trigger further downside. 💡 Final Thoughts: Add to your watchlist 📝 and consider accumulating gradually instead of going all in. If the market falls further, most trades will go against you. Manage risk wisely! Metals are cyclical – Timing matters ⏳. 📢 Disclaimer: This is for educational purposes only and not financial advice. Always do your own research before making investment decisions!
NSE:JSWSTEELLong
by sagartharayil