EIH Ltd. is forming a nearly perfect cup and handle pattern. One can BUY around 114-115 when breakout with good volume happens and can expect up to 25-30% returns in the short-medium term. The target is around 144-145 (adding 31 points dip to the breakout level of 114 gives 145).
BUY - 114-115
TARGET - 144-145
SL - 103-105
Disclaimer - This is just for ...
NFL IS forming cup with handle pattern.
I forgot to share the stock on 11. it gave a buy signal on 11.
It is getting ready to blast.
Target is mentioned in the chart
Only for Educational and Learning Purpose.
vaibhavgbl Forming Cup with handle Pattern
A green candle tomorrow will confirm the breakout
currently the stock is in buying zone.
Only for Education and Learning Purpose.
march 2021, results are not positive, a selling is expected in it.
Kolte Patil Developers shows up trend. The daily chart shows breakout in cup and handle pattern formation. Ascending triangle pattern is also clearly visible which denotes further up move. Target 1 is 226 according to the depth of the cup of cup and handle pattern. Target 2 us 273 which is the target based on ascending triangle. Can go long with a stop loss of 178...
Eveready Industries shows cup and handle pattern clearly in daily chart. Can go long for up move from here with a stop loss of 150. High volume can also be seen. According to technical analysis, long term targets can be seen around 275. Happy investing :)
Action - Buy
Target Price 2500/-Rs
Stop Loss 2089/-Rs
Cup With Handle Breakout at 2289/-Rs
ADX - 25 Indicating Bullish Trend
MACD - 10 POSITIVE
Disclaimers: - The contents produced here are purely for Educational Purposes. They Should Not Be Constructed as Buy/Sell Recommendations
Financial Interest - Yes
CUPID LTD (SPOT) Made double bottom pattern. If it break neckline it may rally for level -299/325/349.
view negated below - 239 (Day Closing Basis).
1. Repeated consumption business
2. Expecting good quarter
3. Maintaining healthy dividend payout of 26.48%
4. Profit growth and ROE is also very attractive.
Amal Ltd: A perfect Cup w Handle formation, can take an entry at 149.80 with a SL at 140.05 marked on the chart.
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor