Price has been trading in the long-term channels for more than 16 months. After making a low of 785 , prices started rising to the upper band of the parallel channel. Currently, prices are trading above 100 EMA . PEL has formed a value area with a cup and handle pattern. The neckline of the cup and handle pattern is also the upper band of the value area at 915 .
A Cup with Handle pattern in Kirloskar Brothers, A Breakout of Handle And possible target of 1000 to 1200 in long-term. anyone want safe enrty can wait for retest of 390 and 365. And 345 will be the Stoploss. Thanks
OK THIS is my second analysis after fairchem , for which i updated when i sold . The IT sector as a whole down due to external circumstances , No internal issues in almost all the it companies. Considering this opportunity to invest or even trade for short term gains . I prefer mid cap which has better safety against sell off and higher profit percentage...
stock has formed a rounding bottom and is likely to form a cup and handle pattern after hitting resistance.
Cup & Handle Formation signs: 1. Volume dry-ups near the lows of the price pattern. 2. Big volume spike on reversal of price pattern. 3. Volume dry-up on the price pull-backs. 4. Improving Relative strength. 5. Tight areas in price pattern under accumulation. 6. Trading above 200 MA How to trade it? 1. Watch out for Volume percent change on pivot breakout. 2. The...
cup and handle break-out trgs r opens If You LIKE MY Idea ……Boost………….. its “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls, please consult your financial advisors. Thanks
Disney trying to form Cup and Handle pattern. If it breaks out and closes above 128 then target of 144 SL - 112
Hello Traders, Today we will talk about SBI Life. We are seeing cup and handle patterns in SBI Life in 4h time frame. And cross the level of 1159 in that then you have to buy and your stop loss will be 1113 . Traget ( 1160 -1168-1180 ). Thank you! Money_Dictators Disclaimer: This is NOT investment advice. Invest your capital at your own risk.
ASHOK LEYLAND --DAILY CHART - CUP & HANDLE BREAKOUT 1. Channel breakout & CUP & HANDLE Breakout seen on daily chart 2. Histogram seen bullish 3. RSI near 60 level currently 59 level above 60 will extreme bullish 4. MACD above center and signal line 5. above 20,50.100.200 SMA BUY ASHOK LEYLAND @ 130 target 140-150 + ( SHORT TERM ) - 1 month stop loss...
NSE:TATAMOTORS #TATAMOTORS formed Cup & Handle pattern, Levels marked on chart for practice. Sharing levels daily for LEarning & practice. Happy LEarning !!
Axis is bank is now ready to sell know the targets from the idea..
Hindalco Long Cup and candle pattern Breakout retest Buy at CMP- 592 or around 565 SL- 500 Target- 625, 690 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Long round bottom consolidation and a handle formation + Triangle - Chart levels are more self explanatory. Bullish in the weekly charts can expect a breakout soon
Saint Gobain Formation of Cup and Handle on 15Min Chart CMP 97 If Closes above 99.80 Then Target1 103 Target2 103.50
17.1.22 a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed first by a smaller drop and then a rise past the previous peak. It is interpreted as an indication of bullish sentiment in the market and possible further price increases. CMP 518 Target 530
stock consolidating in the parallel channel after a round movement in the previous rally combined made cup and handle pattern now ready to breakout