Cupandhandlebreakout
Clean Science - All 4 Sides fully Clean & Green :)Clean Science and Technology is an India-based fine and specialty chemical manufacturing company. The Company is engaged in the business of manufacturing organic and inorganic chemicals. It operates through the Specialty Chemicals segment. This is an Investment / Portfolio Grade stock for long term
After IPO, the price blasted 90% high in short time from 1400 levels to 2700 but then crashed deeply to 1200 levels - falling 54% from the ATH
Now the price has taken a Clean Bullish Reversal and here are 4 different views to look at the 4 sides of Clean Science :)
Top Left: Weekly
Cup and Handle Breakout confirmed on Weekly - above 1552 for Target of 1755 and 1860
Top Right: Weekly
Larger Rounding Bottom Breakout in Progress today - If the Price sustains above 1622 until Friday, then the BO gets confirmed for larger Target of 1998
Bottom Left: Monthly
The Long Term view shows an Amazing Textbook Double Bottom Breakout - done today, if the Price sustains above the 1622 neckline by Friday EOD, then target of Double Bottom is the massive ATH at 2675
Bottom Right: Weekly
The Price broke out of the Falling Parallel Channel on weekly and also completed a Retest and Bounce. Not just an ordinary retest and bounce, but the price followed the Rising 2 Bullish Continuation pattern last week which triggered the blast of 7%+ this week
Once again, this is NOT a Trading Stock - Keep holding for massive 2x-4x returns.
Disclaimer:
Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
IDEA:CUP AND HANDLE FORMATIONThe NSE:IDEA is currently forming a classic Cup and Handle pattern. This bullish continuation pattern suggests a potential upward movement once the pattern completes and breaks out. Here's a detailed breakdown of the pattern and the trading strategy:
1. Cup Formation:
The stock has undergone a rounded bottom, creating the "cup" part of the pattern.
The left side of the cup was formed due to a decline in price, reaching a bottom before rising back up to the original level.
This cup formation indicates a period of consolidation and accumulation, where buyers are gradually gaining control.
2. Handle Formation:
Following the completion of the cup, the stock entered a small consolidation phase, forming the "handle."
The handle typically slopes downward or moves sideways, showing a slight pullback.
This pullback is generally short-term and should not exceed more than one-third of the cup's depth.
3. Breakout Point:
The ideal entry point for traders is the breakout above the handle's resistance level.
Traders should look for a significant increase in volume during the breakout to confirm the move.
Target:
The target price can be determined by measuring the depth of the cup and adding it to the breakout point.
Target Price Calculation:
Target Price: 25
Stop Loss:
Place the stop loss below the lowest point of the handle to protect against a false breakout.
Stop Loss Price: 15.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
Bharat Dynamics (BDL): Cup & Handle or VCPBharat Dynamics which was already in nice uptrend has currently taken a pause.
When it was move up, it formed big range candle with big volume (in May month), then when it halted, its first pulled back with lower volume.
Whenever there is green candle, there is big volume and where there is red candle there is low volume.
Volume completely dried at second pullback, it means less and less supply is coming, supply is getting absorbed.
So could be the short term trading good opportunity.
Picturesque Cup&HandleThis is a proper cup and handle, buy the breakout right at the all-time high or wait until it clears the all the high and comes back to confirm resistance. I will be buying to open as soon as price reaches new highs
Buy to open = 169.07
1st Profit Target = 175
Stop Loss = 164.20
LICHSGFINLICHSGFIN is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Entry: Enter a long position at LICHSGFIN's ATH price + 4% (825.75)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (660.60) or Weekly Swing Low
Targets:
First Target: 1,170.20 (Fibonacci 1.618 level)
Second Target: 1,402.75 (Fibonacci 2 level)
Third Target: 2,011.50 (Fibonacci 3 level)
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
SNPS Cup N Handle Retracement TestHello everybody thank you for watching my video on this cup and handle setup the price had broken out over the resistance line on the 17th of June and started to retrace all the way up until today so we should see some respect of the support line for a possible entry. if that does not hold tomorrow and it goes lower I will cancel the trade idea and look elsewhere for opportunity.
Let me know if you need to know anything else!
GULFOILLUBE Buy active above ATH / CUPGULFOILLUBE Buy active @ 1,144.00 and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Buy active at GULFOILLUBE's ATH price + 4% (1,144.00)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (915.20) or Weekly Swing Low
Targets:
First Target: 1,546.45 (Fibonacci 1.618 level)
Second Target: 1,822.40 (Fibonacci 2 level)
Third Target: 2,544.80 (Fibonacci 3 level)
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
HUHTAMAKI : ATH / CUP BREAKOUTHUHTAMAKI is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Entry: Enter a long position at NFL's ATH price + 4% (388.75)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (311.00) or Weekly Swing Low
Targets:
First Target: 513.10 (Fibonacci 1.618 level)
Second Target: 599.20 (Fibonacci 2 level)
Third Target: 824.60 (Fibonacci 3 level)
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
NFL :ATH/ CUP BreakoutNFL is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Entry: Enter a long position at NFL's ATH price + 4% (155.15)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (124.00) or Weekly Swing Low
Targets:
First Target: 232.30 (Fibonacci 1.618 level)
Second Target: 283.70 (Fibonacci 2 level)
Third Target: 418.20 (Fibonacci 3 level)
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
Palantir Cup and Handle Weekly ChartNYSE:PLTR Palantir Cup and Handle Weekly Chart:
It appears Palantir has developed a cup and handle pattern on the weekly chart and with momentum building it could get over the resistance it has seen at the 27 -28 level. It is a newer stock so one of the C&H rules is the entire pattern forming above the 200-day average market price I have in Green the 40 week average which is a close equivalent and it fails that rule.On the other hand It does form over roughly 24 months, it did have a decrease in volume over the handle development, the buy signal is when the price breaks above the handle’s resistance with increased volume. Technical analysis can and will fail due to other market forces. In my opinion short to mid term we could test 30 as a good start developing support long term it could see 40.
GREENPLY :ATH / CUP BreakoutGREENPLY is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Entry: Enter a long position at GREENPLY's ATH price + 4% (310.80)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (248.65)
Targets:
First Target: 438.50 (Fibonacci 1.618 level)
Second Target: 524.85 (Fibonacci 2 level)
Third Target: 750.80 (Fibonacci 3 level)
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
GLENMARK : ALL TIME HIGH BREAKOUT / CUP BREAKOUTGLENMARK is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Entry: Enter a long position at GLENMARK's ATH price + 4% (1,313.40)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (1,050.70) or Weekly Swing Low.
Targets:
First Target: 1,913.45 (Fibonacci 1.618 level)
Second Target: 2,364.15 (Fibonacci 2 level)
Third Target: 3,465.40 (Fibonacci 3 level)
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational and educational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
Defence Stocks Going Offensive :) - Taneja AerospaceTaneja Aerospace which had a 16 year long Breakout on 3 Months has already crossed 3x from our recommended level of 194 reaching the high of 567
The chart looks very similar to REC Ltd which also had a similar 16 year BO and reached more than 3x Multi-bagger returns
Quarterly View:
As per the long term view and earlier patterns, 2 targets were given 605, 695
Short Term View:
On Daily Timeframe, price has formed a Beautiful Cup and Handle BO and blasted 20% UC today. The Handle side was formed @ Fib 0.618 retracement level and Fib 1.618 Target matches precisely with the C&H Target of 732
New Targets 606, 696, 730++. From 3x the price is now preparing itself to reach 4x level soon :) :) :)
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
GILLETTE ATH / CUP BreakoutGILLETTE is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Entry: Enter a long position at GILLETTE's ATH price + 4% (8,465.60)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (6,772.50)
Targets:
First Target: 10,614.95 (Fibonacci 1.618 level)
Second Target: 12,144.75 (Fibonacci 2 level)
Third Target: 16,149.50 (Fibonacci 3 level)
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
VEDL: ATH Breakout with Potential for Multi-Level Profit TakingOverview:
VEDL is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Entry: Enter a long position at VEDL's ATH price + 4% (ATH + 4%)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
Trade Rationale: VEDL is a metal stock, and the metal sector is currently exhibiting strong momentum.
Targets: First Target: 763.70 (Fibonacci 1.618 level)
Upon reaching the first target, exit 1/3 of the position and adjust the stop-loss for the remaining 2/3 of the position to breakeven.
Second Target: 929.80 (Fibonacci 2 level)
Upon reaching the second target, exit another 1/3 of the position.
Once the second target is hit, move the stop-loss for the remaining 1/3 of the position to the first target level (763.70).
Third Target: 1364.60 (Fibonacci 3 level)
Upon reaching the third target, exit the entire remaining position.
Risk Management:
The initial stop-loss of 20% below the entry price helps to limit potential losses in case the trade moves against you.
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
Disclaimer: I Lalit Panchal not a SEBI Registered analyst. The chats and/or stocks and/or research reports and/or market analysis etc are made only for study purpose, and may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and only after consulting such independent advisors as may be necessary.
BTC Cup and Handle - Target $84kBTC is forming a beautiful looking cup and handle pattern on the Daily chart. In addition we have bullish hidden divergence on the combined all exchange volume accumulation distribution indicator. All of this of course with the background of the post halving bull run widely predicted to be kicking off any time now and this is looking like an excellent opportunity.
Buy on a strong breakout of $71k level.
Stop Loss: Below handle at $66k
Target: $84.2k
C&H inside C&H to a 1000% soon on solid project $BTAFThe Bitcoin Trend and Forecast token, $BTAF is performing a stunning pattern:
It is a Cup & Handle inside another Cup & Handle!
What you see is a bigger picture, some 15 months; it has performed a very large C&H that has already broke out from handle (downward yellow channel), with target at stunning 1000%
The handle of this bigger C&H formation is another C&H! This smaller handle is a perfect wedge that is sitting over the black VWAP line
Targets from yellow flag is 280% from today price and it coincides with the Beam Band (thin purple line) and target from the small C&H is 100%
But look at larger picture! While you go to 1000% you can make small profit takes on the way up
MSFT Bullish Continuation out of a Cup and Handle LONGMSFT on the daily chart shows the price action in the bull run out of the Covid lows then a
cup and handle pattern is printed and finally bullish continuation above the level of the cup.
Since the cup has a height of $145 and the level of the lip of the cup is $345, the pattern
forecasts bullish continuation for $ 145 above the cup's lip at $ 345 and so targeting $ 480.
I will continue to add to my MSFT position while watching for pivot lows on the 120-240 minute
charts. MSFT is a major player in the AI space and could even launch its own semi-conductor
division to compete with NVDA and the others. It has a healthy balance sheet and free flowing
cash from which to grow without dependence on interest rates coming down. The RSI indicator
shows consistent strength without signs of being overbought.
HARSHA ENGINEERS INTERNATIONAL LTDCompany is almost debt free.
Company has delivered good profit growth of 56.4% CAGR over last 5 years
The combined share of operating losses at China and Romania came down significantly because of China
reporting positive profit in Q4 FY 2024. However, Romania continued to report operating losses in Q4 FY
2024.
➢ While the demand situation in Europe both on the Wind as well as on the Industrial front remains
subdued, our strategy in Romania is to improve product mix by increasing the share of cages, which is
aimed at bringing Romania to Break-even level in FY 2025.
➢ Solar Business has reported a decent growth in top-line as well as profitability, on the back of a
favourable renewable policy regime, with our strategy continued to be on limited capital allocation in this
segment, but still allowing the same to operate in its natural tangent.
➢ The progress on our Greenfield project is satisfactory and is expected to commission in FY 2025.
On a consolidated basis Q4 FY 2024 was the strongest quarter in the current fiscal FY 2024 reflecting an allround
improvement in the top line as well as the EBITDA and PAT margins. The consolidated top line of Q4
FY 2024 has shown a growth of 17% over Q3 FY 2024 and 11% over Q4 FY 2023. The consolidated EBITDA of
Q4 FY 2024 has also grown by 23% as compared to Q3 FY 2024 and 10% as compared to Q4 FY 2023.
➢ On full year basis, while consolidated top line of FY 2023-24 reflects a marginal growth over FY 2022-23, the
EBITDA and PAT of FY 2024, though lower than FY 2023, are still reflecting a significant recovery as
compared to H1 FY 2024 and are better than our expectations.
➢ The growth in Bushing business as well as additional demand growth due to China + 1 factor was in line with
our expectations. The Progress on outsourcing projects (insourcing to outsourcing) was satisfactory, and the
growth in Japan based customers’ segment, though slightly muted, has remained positive.
➢ The expected growth in large size bearing cages segment could not be achieved due to continued global
slowdown in the Wind as well as Industrial Segment, but is expected to catch up next Fiscal.
OCEAN is screaming buy meBINANCE:OCEANUSDT , 1d
Price is trading above the 200SMA suggesting that the long term trend is intact.
The downward trendline has been broken and has been consolidating for the past two days.
On the 4h, price has formed an imperfect cup and handle with the consolidation being the handle. The MACD line has crossed above the signal line indicating a bullish momentum.
The only downside i see here is the lack of adequate volume on the breakout candle. It still remains interesting to keep an eye on since a break above the consolidation (base or handle) could propel price to higher highs resuming the uptrend.
Breakout traders would put their stop loss (SL) below the consolidation and target the market structure highs.
As always, “anything can happen” so let the market unfold and react accordingly. #DYOR