Cup & Handle Breakout | ALPA LABS⭕️ Swing Trading opportunity ! Weekly Analysis Alert !!!⭕️
✍️Technical Reasons to trade or Strategy applied :-
✅Chart Pattern Analysis
✅Parallel Channel worked as Support And Tgt
✅Breakout confirmation
✅Rise in Volume
✅Strong Resistance Breakout in Years
✍️BUY @ CMP
🎯TGT- 150
💰ROI- 25%
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Swinganalysis
SWSOLAR 1hr analysisSWSOLAR has been in an expanding channel pattern
and it is it at the resistance level appears to be ready for a breakout,
it has huge upside potential if it breaks the level,
it might move higher to fill the gaps that are formed in the past,
Wait for a strong candle to close above the trendline, that will be a good entry
TATA METALICS 1day analysisTATA METALICS, has corrected a bit nd reached
it's support levels, nd there's even a trendline
that has been tested today, we can expect it to
bounce back from here.
Targets can be 1260 nd 1340
EMAMI 1D analysisEMAMI has been forming a pattern and it appears
to be broken in the lower timeframe with good
volume, but in the daily timeframe it hasn't
broken yet, It'll gain momentum once it crosses
600. we'll wait till it crosses and then we can get
into the trade, it could even come back to it's
support levels and then bounce back, with the target 675
SHREE CEMENT 1hr analysisSHREE CEMENT has given a breakout
and now t is at a support level, we can consider it
as a retest, it's not necessary that it should touch
the trend in order to make new high's,
there's a high probability that it'll bounce back from here
"given markets are positive"
The first target should be 29500, we can hold it even further,
but have to have enough patience