📈 SIYSIL Monthly Breakout Alert 🚨 | Cup & Handle Formation
Siyaram Silk Mills Ltd (
SIYSIL) has delivered a textbook Cup & Handle breakout on the monthly chart — a rare and powerful pattern suggesting strong long-term upside!
✅ Breakout above multi-year resistance
✅ Volume confirmation on breakout 📊
✅ Retesting the breakout zone around ₹780 – ₹800
✅ Potential for a sustained uptrend 📈
This could be the start of a major trend reversal. Watch closely for follow-up price action and increased volume.
💡 Chart timeframe: Monthly
🔍 Pattern: Cup & Handle
📆 Date: May 19, 2025
#SIYSIL #SiyaramSilk #CupAndHandle #BreakoutStocks #TechnicalAnalysis #StockMarketIndia #ManinderSinghAnalysis #Investing #NSEStocks
Siyaram Silk Mills Ltd (
SIYSIL) has delivered a textbook Cup & Handle breakout on the monthly chart — a rare and powerful pattern suggesting strong long-term upside!✅ Breakout above multi-year resistance
✅ Volume confirmation on breakout 📊
✅ Retesting the breakout zone around ₹780 – ₹800
✅ Potential for a sustained uptrend 📈
This could be the start of a major trend reversal. Watch closely for follow-up price action and increased volume.
💡 Chart timeframe: Monthly
🔍 Pattern: Cup & Handle
📆 Date: May 19, 2025
#SIYSIL #SiyaramSilk #CupAndHandle #BreakoutStocks #TechnicalAnalysis #StockMarketIndia #ManinderSinghAnalysis #Investing #NSEStocks
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.