[POSITIONAL] JKCEMENT Long IdeaJKCEMENT is forming a Cup and Handle Pattern. After this pattern is formed in few session it will break out of this pattern. JKCEMENT can be longed in future after break out of handle.
Entry :- 2765
SL:- 2570 (Little below the handle pattern)
Target:- 3400 / 3700
Target of 3400 should be achieved in a few months.
Cupnhandle
[Positional] HAPPIESTMIND LONG IDEAHappiest Mind has formed nice cup and handle pattern. It hasnt broken out of the pattern yet - but expected to break in next few sessions. One can enter a LONG trade in stock in HAPPIESTMIND.
Entry- 1010 (on closing basis on daily candle) . Entry will be good at this point as 1000 is nice round figure psychological support.
SL 967
Target:- 929
Target:- 1221
The target is expected in 3-4 months time frame.
Coromandel - Cup and Handle - MACD - LongCoromandel has given a breakout for cup and handle pattern.
For the benefit of those who are new, it is a bullish pattern.
On 29/6/22 it has given a MACD breakout with good volume.
It is followed up by cup and handle breakout on 4/7/22, the breakout has happened with good volume as shown in the chart.
On next day it has retested the breakout level and today it has closed above the breakout.
The cup has a depth of 254 points, the handle is having a depth of 83 points... which is almost 1/3rd of the cup's depth. Which I feel is ideal.
Target:
Breakout point is 970, target is +254 that is 1224.
52w high is 999, it may face resistance there.
Stop loss:
Low of the handle - 885
In present volatile market, you ride with the trend carefully!
Risk Reward is almost 1:4
Plan your risk management properly!
WELCORP-Welspun Corporation - Cup and HandleWelspun Corporation Ltd has given a cup and handle breakout.
As can be seen in the chart, the breakout is with a great volume.
RSI is around 73, MACD has also given a breakout.
As per the chart, target could be around 290 to 299.
Neck line can be considered for stop loss.
Trade with Care !!
Nifty Cup n HandleNifty is forming cup and handle formation on 15min signaling bullish momentum if it breaks above the handle. RSI is also testing 50 level, break above the handle and bounce of RSI from 50 level can take Nifty to 17410 & 17500 levels. View neglected if crosses below the handle of the pattern.
MOREPENLAB [cup and handle]
PATTERN:- CUP AND HANDLE
already re-texted , confirmation done so my side stock are bullish .
your looking target are very low distance but this not my this technically draws. so ...see what happen next ..
"you know target made 43.85%"
The cup and handle is a well-known continuation stock chart pattern that signals a bullish market trend
I am not a sebi register this only for Education Purpose . I am not Responsible for any LOSS or PROFIT .
Easy 10-15% Target is waiting for you.Cummins India
I think we have discussed same chart earlier too
But now finally start after too much consolidation
On longer Time frame(Weekly, Monthly) you will see some kind of Trendline Breakout and Retested And in shorter Time frame Inverse Head and Shoulder Pattern
Whatever it is you just buy above 915
With Sl 820
Tgt 950 1000 1050++
Long term Cup and Handle Pattern breakout | VMARTNSE:VMART
VMART already gave long term cup and handle pattern breakout. Now it is under retracement.
1) Today it came to test 1st support level 3238. And closed just above it.
2) In coming days if it goes down to test 2nd support level 3130 then let it be. Do not enter in any buying position.
3) And further if it goes down to test ultimate last support level of 2890-2900 and it get support from this level then there will be good opportunity for short term to long term position. But it it gets support from any of above two support zone which are at 3238 and 3130 then from that level it will be a good opportunity to get long/buy position for short to long term.
Adani Power Rounding Bottom Break Out : Multi baggerAdani Power Made a Rounding bottom breakout today.
Generally these type of patterns may yield 3-5 times returns in short term period.
Let's first aim for Double targets - that is length of the rounding bottom....
For Example, Happiest Minds which we provided earlier.
Fertilisers & Chemicals Travancore Ltd (FACT) - Cup and handleFACT shows cup and handle pattern in weekly chart. Can buy at cmp with a stop loss of 52.35 or can buy in dips. The technical target is 88 (As this is weekly chart need to wait for at least 6 moths to 1 year for the targets to get achieved). Can go long with a trailing stop loss.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
Maharashtra Seamles Ltd-Cup and handle patternMaharashtra Seamless Ltd stock shows cup and handle pattern in daily chart. First target is 320 which is the depth of the cup that has formed in cup and handle pattern. I would not suggest to buy at such higher levels today. Wait for the retesting level or can buy in dips. When it crosses 320 later, the previous support will be the resistance which will be 349.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)