Cupid - Long Setup, Move is ON...#CUPID trading above Resistance of 2423
Next Resistance is at 3175
Support is at 1693
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CUPID
Cupid - Long Setup, Move is ON...#CUPID trading above Resistance of 1334
Next Resistance is at 2423
Support is at 800
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cupid - Long Setup, Move is ON...#CUPID trading above Resistance of 1003
Next Resistance is at 1334
Support is at 754
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cupid - Long Setup, Move is ON...#CUPID trading above Resistance of 754
Next Resistance is at 1003
Support is at 506
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cupid - Long Setup, Move is ON...#CUPID trading above Resistance of 506
Next Resistance is at 754
Support is at 299
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
watch for resistance breakoutbuy above 265 in intraday or swing trade.
target for swing 280, 298
keep stoploss 250.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
CUPID at a deciding levels. will it move higher or not?Fresh buying can seen only when there is a weekly close above 256 levels. one can enter above 256 and placing an SL of 215. And possible targets can be 295/320. Volume expansion is required for a breakout to sustain.
DISCLAIMER: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. These are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Please ensure that you understand fully the risks involved and do invest money according to your risk bearing capacity. . Investment in markets is subject to market risk.
P.S- I am not a SEBI registered analyst.
#CUPID .. Is a huge move coming?Stock was trading in a Symmetrical Triangle and had price move today which will likely close with a gap today..
As there are buying volumes with the gap it can be a breakaway if price sustains..
Now the second move should be to close above 260 with volumes and retesting of the support.. Then it can be a BO opportunity to go long for targets of 300, 350+ .. Otherwise price will retrace back maybe to 210-220 levels (will buy at this level for long term)
Full disclaimer: I already own a position in this stock as it was a value investing pick for me.. I bought at around 200-210 levels and keeping it as a long term pick...
For more such updates on your favourite stocks, follow my page.
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#CUPID.. What will happen?? ..Short term consolidation or ATHCUPID is a small cap with amazing fundamentals (20% YOY growth, 20% ROIC).. It is a hidden gem with multi-bagger potential (a small cap doesn't need much capital for 2-3X)
Looking at current situation I would say there is a higher chance that the stock may move down to 200-205 levels.. consolidates for a bit and then moves up..
But there is also a chance for a move upwards (albeit small).. The support (short term trend line) is holding well even at high selloff volumes.. So buyers may come in and finally push this stock to ATH
Can go up to 300 if upwards break happens..
Can add to my position around 200 if it comes down...
Not suggesting you do the same, but keep an eye...Can be a great buy.. Also Do your own research, it is important..
Live Challenging Stock Market Analysis Buy CUPID @ 236.55
Target @ 297
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