BLUEDART - Cup and Handle—Daily Upward Trend Line: Indicates a general increase in price over time. Neckline - 8995 => exit: Suggests a potential exit point at the price level of 8995. Breakout with Very High Volume: Indicates a significant price movement accompanied by high trading volume, which often confirms the strength of the breakout. For a potential...
INDOBORAX-Cup and Handle pattern, which is a bullish continuation pattern. Neckline/Support: The neckline is marked at 210. This is a critical support level. Cup Height: The height of the cup (68) from the neckline is 278. This measurement can be used to estimate the potential price target if the pattern completes successfully. Volume: We saw some volumes...
IFCI - Multiyear Breakout - Monthly Multi-Year Breakout: The chart indicates a multi-year breakout with strong volume, suggesting a potential long-term uptrend. 16yrs high Breakout: Neckline marking a 16yrs breakout, which could be a shorter-term confirmation of the trend. Support Level: The low of the breakout candle is marked as a support level at 59, which can...
MOREPENLAB - Cup and Handle pattern, which is a bullish continuation pattern indicating a potential upward trend. Here are some key points from the chart: Cup and Handle Pattern: This pattern suggests that after a period of consolidation (the “cup”), there is a slight dip (the “handle”) before a potential breakout to higher prices. Neckline: The neckline is...
AMIORG -Cup and Handle pattern, which is a bullish continuation pattern often used in technical analysis to predict future price movements. Here are the key points: Cup and Handle Pattern: This pattern suggests a period of consolidation (the “cup”) followed by a slight dip (the “handle”) before a potential breakout to higher prices. Neckline/Support: The...
Name - NAZARA Pattern - Cup and Handle breakout Timeframe - Daily and Weekly Volume - Very Good Cmp - 1049 Can test - 1390 SL - 989 Cup and Handle pattern, which is a bullish continuation pattern indicating a potential upward trend. Here are some key points from the chart: Cup and Handle Pattern: This pattern suggests that after a period of...
Name - INDUSINDBK Pattern - Cup and Handle breakout Timeframe - Daily Volume - Avg Cmp - 1464 Can test - 1570 SL - 1450 Q1 FY 2023-24 Key Highlights Consolidated financial results o Net Interest Income (NII) grew by 18% YoY to ₹4,867 crores from ₹4,125 crores o NIM improved to 4.29% as at Q1 FY24 as compared to 4.21% as at Q1 FY23 and 4.28%...
Name - WIPRO Pattern - Cup and Handle breakout Timeframe - Daily Volume - Very Good Cmp - 550 Can test - 604 SL - 542 Here’s a summary of Wipro Ltd’s Q1 FY25 results: Financial Highlights Net Profit: Wipro reported a net profit of INR 3,003 crore, a 4.6% increase from the same quarter last year1. Revenue: The consolidated revenue for the...
Name - CANFINHOME Pattern - Cup and Handle breakout Timeframe - Daily Volume - Very Good Cmp - 931 Can test - 1048 SL - 905 Here’s a summary of Can Fin Homes Ltd’s Q1 FY25 results: Financial Highlights Net Profit: Can Fin Homes reported a net profit of INR 109 crore, up from INR 93.15 crore in the same quarter last year1. Total Income:...
Name - NEWGEN Pattern - Symmetrical triangle Breakout Timeframe - Daily Volume - Good volume Cmp - 1191 Can test - 1337 SL - 1090 Always welcome for any comments with your feedback or give it a like if you find it useful. Here’s a summary of Newgen Software Technologies Ltd’s Q1 FY25 results: Financial Highlights Revenue: Newgen reported...
JUBLPHARMA - Price consolidated 6 years and gave breakout with very good volume. Good setup to enter if it retest the breakout around 1000 levels. Name - JUBLPHARMA Pattern - Consolidation Breakout Timeframe - Daily Volume - Very Good volume Cmp - 1191 Target - 1836 SL - 976 Here’s a summary of Jubilant Pharmova Ltd’s Q1 FY25 results: Financial...
PEL - Chart shows PEL gave Cup and Handle breakout on 23rd Aug and consolidating in range 1043 to 1089. 13th Sept gave breakout with good volumes. Based on Cup and Handle pattern, price can test 1350 by keeping stoploss at 1089 and 1043(breakout level). Name - PEL Pattern - Cup and Handle breakout Timeframe - Daily Volume - Good Cmp - 1119 Target -...
Name - OBEROIRLTY Pattern - Symmetrical triangle Breakout Timeframe - Daily Volume - Good volume Cmp - 1814 Target - 2140 SL - 1767 Always welcome for any comments with your feedback or give it a like if you find it useful. Analyst Ratings TradingView: Based on 21 analysts, the overall rating is neutral. The price target ranges from INR 1,175 to...
Name - BANDHANBNK Pattern - Symmetrical triangle Breakout Timeframe - Daily Volume - Good volume Cmp - 207 Target - 242 SL - 203 Bandhan Bank’s Q1 FY25 performance: Financial Highlights Net Profit: Bandhan Bank reported a net profit of INR 1,063 crore, a significant 47% increase from INR 721 crore in the same quarter last year1. Net Interest...
LICHSGFIN - Chart gave Cup and Handle breakout with good volume. We can keep stop loss as low of the breakout candle which is 703. Based on the pattern target can be 723 range with time frame 3-6 months. Name - LICHSGFIN Pattern - Cup and Handle breakout Timeframe - Daily Volume - Good Cmp - 723 Target - 811 SL - 703 Fundamental analysis of...
LTTS - Forming Ascending triangle and cup and handle patterns on weekly charts. Need to close above 5890 for breakout, which can test 8000 levels in a 6 to 12 month timeframe. We can have it in watchlist for next week. Strengths The company is virtually debt-free. The company has a good ROE track record of 27.20%. The company has delivered average profit...
Name - BHARTIHEXA Pattern - Cup and Handle breakout Timeframe - Daily Volume - Average Cmp - 1291 Target - 1509 SL - 1238 Always welcome for any comments with your feedback or give it a like if you find it useful.
Name - CYIENT Pattern - Cup and Handle breakout Timeframe - Daily Volume - Good Cmp - 2118 Target - 2471 SL - 2057 and 1939 Always welcome for any comments with your feedback or give it a like if you find it useful.