Tata elxsi- After a wonderful c&h breakout, formed a bullish pennant in weekly and blasted today. Most probably it will close at the resistance of 8815 today. Good to buy during retracement if it happens for the target of 9400 and 10000
its a heavy weight of cement sector currently sector is doing good ultratech retested perfectly cup&handle closed above retest area + 20ema green line supported all the targets mentioned on chart put SL as per your system or risk apetite i am not a sebi register adviser its my own analysis pls make sure you do your analysis dont jump on the trade
Entry: above 205 SL: weakness below 197 Targets : 240 Setup Invalid : If price goes below 194 ● Pattern: Cup & Handle ● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. ● C&H breakout and retest
The 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. This is a continuation breakout chart. 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...
Last week Nifty has given a strong breakout and moved up to 20900 level. It has created a flag in 2 hour chart. 21000 is the breakout zone, if breaks it then we shall see another 1000 points rally coming soon. Supports are 20840 - 20700 - 20500 - 20300 for Nifty. Nifty at a crucial zone!!
Nagreeka Exports- Rounding bottom breakout pending on monthly, C&H breakout pending on weekly for the target of 150. Entry after weekly candle close above 83 is advisable. Note: This is for educational purpose only.
Elgi rubber- C&H breakout done on monthly. Rounding bottom breakout pending at 71. Enter after weekly close above 71 for the target of 100 and 130. Note: This is for educational purpose only.
-A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. -A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. - NSE:NIFTY Technical traders using this indicator should place a stop buy order...
Cup and Handle breakout done for the target of 334 with the intermediate resistances mentioned in the chart. Note: This is for educational purpose only.
Though Cup and Handle breakout done on monthly, momentum didnt kick start. Buying after weekly candle close above 183 is advisable for safe entry or else buy after retracement to the breakout zone of 175. Target is 320 Note: This is for educational purpose only.
ABBOTINDIA is forming a cup with handle pattern which has the potential of gain upto 33%
Key levels: Support: 415 CL Resisitance: 473, 514, 589 Description: Fundamental are very strong: The company's decision to reduce debt is a fundamental strength. It enhances financial stability, reduces interest expenses, and reflects a prudent financial management strategy. A consistent and healthy dividend payout of 40.6% indicates strong cash flow and...
Tata Power- Beautiful Cup and Handle Breakout done. At the verge of breaking all time high. Entering after 300 is advisable for the target of 370. Note: This is for educational purpose only.
19900 Call Options Writings Build-Up Resistance Above 19900 Target activates to 20251 50 100 200 EMA Bullish ADX Bullish US Market Inflation Going Down US Bonds Yeild 10yrs Cooling Down US Market Mostly Closed in December (Chrismas Rally to 21000 Nifty)
Typical Cup and Handle breakout done on monthly clearly. Will go for the target of 4000 slowly since its a monthly pattern. Note: This is for educational purpose only.
Amara Raja Battery is likely to form a Cup & Handle Pattern. Wait for breakout from 710 level. #Current Price - 645 #Expected Target - 970 #Resistance Based Targets - Target 1 - 790 - Target 2 - 880 - Target 3 - 970 #Support Based Targets (Can be used as Stoploss) - Target 1 - 671 - Target 2 - 608 Pattern is forming on weekly chart. Disclaimer: This idea is...
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 468 and keeping a stop loss of 400 , look for the target of 600-800 in the coming weeks and months. Buy: CMP Stop loss : 400 Targets: Tgt 1: 600 Tgt 2: 800 Theory: The Cup with Handle is a bullish continuation pattern that...
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 7154 and keeping a stop loss of 6500 , look for the target of 9000 in the coming weeks and months. Buy: CMP Stop loss : 6500 Targets: Tgt 1: 8200 Tgt 2: 9000 Theory: The Cup with Handle is a bullish continuation pattern that...