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Cupandhandlepattern

Trendline Breakout and Cup & handle breakout Confirmation - NBCCTechnical Analysis: Current Price: ₹111.08 (Note: As of the market close on Friday, May 16, 2025, NBCC closed around ₹110.85 on the NSE). Target: Your target of ₹140 suggests a significant potential upside. Trendline Breakout: Breaking above a significant downtrend line indicates a potential shift in momentum to the upside. Cup & Handle Pattern Breakout Confirmation: The confirmation of a breakout from a Cup & Handle pattern is a strong bullish signal, suggesting a likely continuation of an upward trend. Time Frame: A 1 to 3-month timeframe is reasonable for these patterns to play out, assuming the breakouts are sustained. Confirming the Breakouts: Volume: It's crucial to have seen a noticeable increase in trading volume during both the trendline and the Cup & Handle breakouts. Strong volume adds significant validity to these signals. Sustainability: The price should hold above the breakout levels in the coming trading sessions. Potential Upside: Target (₹140): Represents a potential upside of approximately 26% from the ₹111.08 level (or around 26.3% from the ₹110.85 closing price). Quarterly and Yearly Results & EPS Comparison: Based on the information available up to the latest reported quarter (December 2024) and the previous fiscal year (FY24): Latest Quarter Result (December 2024): NBCC reported a consolidated net profit of ₹113.45 Crore, a significant increase of 60.81% compared to the same quarter last year (December 2023). Total income also increased by 17.25% to ₹2456.54 Crore. Yearly Result (FY2024): For the full fiscal year ending March 2024, NBCC's total revenue stood at ₹7835.59 Crore, a growth of 10.75% compared to FY23. The profit after tax for FY24 was ₹277.66 Crore, a growth of 10.54% YoY. EPS Comparison: Quarterly EPS (December 2024): ₹0.63, compared to ₹0.39 in December 2023. Yearly EPS (FY2024): ₹1.54, compared to ₹1.39 in FY23. We will need the results for the quarter ending March 2025 (Q4FY25) and the full fiscal year ending March 2025 (FY25) for the most up-to-date comparison. These are expected in the coming weeks. P/E Comparison: Based on the closing price of ₹110.85 and the FY24 EPS of ₹1.54, the current P/E ratio is approximately 71.98. According to some sources, as of May 17, 2025, the P/E ratio is around 59.8. The construction and infrastructure sector can have a wide range of P/E ratios depending on growth prospects and company specifics. While seemingly high, it could be justified if the market anticipates strong future earnings growth, as suggested by the recent quarterly results. We'll get a clearer picture with the FY25 EPS. Corporate Action: Dividend: For FY24, NBCC declared a final dividend of ₹0.14 per share. Investors will be looking for any dividend announcement that typically accompanies the full-year results for FY25. Order Book: NBCC has been consistently securing new orders, which is a positive sign for future revenue and profitability. Keep an eye on any new order wins announcements. Latest News (as of May 17, 2025): Recent news around NBCC has been generally positive, focusing on: Strong Q3FY25 Results (Dec 2024): The significant jump in profit was a key highlight, boosting investor confidence. Order Wins: NBCC continues to secure new projects across various sectors, including infrastructure and real estate. These new orders provide revenue visibility for the coming quarters. Focus on Execution: The market is often looking at NBCC's ability to efficiently execute its large order book. Any positive updates on project progress are usually well-received. Government Initiatives: Being a government-owned entity, NBCC's performance is also linked to government spending on infrastructure and housing. Positive policy announcements in these areas can be beneficial. Key Factors to Monitor: Breakout Sustainability: Ensure the price holds above the breakout levels with sustained volume. Upcoming Q4 & FY25 Results: These will be crucial in determining if the recent profit growth trend continues and will impact the P/E valuation. Look for the announcement dates. New Order Wins: Any further significant order wins will act as positive catalysts. Execution Progress: Updates on the progress of major projects in their order book will be important. Market Sentiment: Overall market sentiment and the performance of the infrastructure and construction sectors will play a role.
NSE:NBCCLong
by sara54654
Cup & Handle and the Trendline Breakouts - HUDCOTechnical Analysis: Current Price: ₹233.86 (Note: As of the market close on Friday, May 16, 2025, HUDCO closed around ₹234.50 on the NSE). Stop Loss: A closing basis stop loss at ₹214 provides a good level of risk management. Targets: Your targets of ₹265 and ₹335 indicate significant potential upside. Cup & Handle Pattern Breakout: This bullish continuation pattern suggests a likely move higher after a period of consolidation. Trendline Breakout: Breaking above a significant downtrend line adds further confirmation of a potential shift in momentum to the upside. Time Frame: A 1 to 3-month timeframe is reasonable for these patterns to play out, assuming the breakouts are sustained. Confirming the Breakouts: Volume: Ideally, both the Cup & Handle and the trendline breakouts should be accompanied by a noticeable increase in trading volume. This indicates strong buying interest and adds validity to the signals. Sustainability: The price should hold above the breakout levels in the coming trading sessions. Any significant retracement below these levels could weaken the bullish case. Potential Upside: Target 1 (₹265): Represents an approximate 13.3% upside from the ₹233.86 level (or around 13.0% from the ₹234.50 closing price). Target 2 (₹335): Represents a more significant potential upside of approximately 43.2% from the ₹233.86 level (or around 42.8% from the ₹234.50 closing price). Quarterly and Yearly Results & EPS Comparison: Based on the information available up to the latest reported quarter (December 2024) and the previous fiscal year (FY24): Latest Quarter Result (December 2024): HUDCO reported a strong 18.84% increase in net profit YoY and a 13.38% increase in total income YoY. Yearly Result (FY2024): HUDCO showed solid growth in both revenue (11.53%) and profit after tax (19.53%) compared to FY23. EPS Comparison: Quarterly EPS (December 2024): ₹3.51 (vs. ₹2.95 in Dec 2023). Yearly EPS (FY2024): While various sources might have slightly different calculations based on adjustments, the yearly EPS for FY24 was around ₹13.22 (based on previous reports). Some sources also indicate a FY24 EPS of ₹10.57. We'll need the official FY25 full-year results for a precise year-on-year comparison. These are expected in the coming weeks. P/E Comparison: Based on the closing price of ₹234.50 and an estimated FY24 EPS of ₹13.22, the current P/E ratio is approximately 17.74. Comparing this to the industry P/E for Housing Finance (which can fluctuate but is generally in the range of 15-30), HUDCO's P/E seems reasonable and not excessively high. We'll have a clearer picture of the valuation once the FY25 EPS is released. Corporate Action: Dividend: HUDCO has a history of paying dividends. For FY24, they declared a total dividend of ₹1.50 per share. Investors will be watching for any dividend announcement that typically accompanies the full-year results for FY25. Key Factors to Monitor: Breakout Confirmation: Strong volume on the breakouts is crucial. Upcoming Q4 & FY25 Results: The financial performance in the latest quarter and the full fiscal year will be a significant driver for the stock price. Look for the announcement dates. Government Policies: As a government-backed entity involved in housing and urban development, HUDCO's prospects are linked to government policies and spending in these sectors. Market Sentiment: Overall market sentiment and the performance of the financial services and housing finance sectors will play a role.
NSE:HUDCOLong
by sara54654
Cup and Handle Breakout - BEMLTechnical Analysis: Current Price: ₹3654 (Note: Live prices can change quickly. As of the last update around 9:55 PM IST on May 16, 2025, BEML is trading slightly higher around ₹3669-₹3670). Stop Loss: A closing basis stop loss at ₹3160 offers a defined level of risk management. Target: Your target of ₹4700 suggests a significant potential upside if the pattern plays out. Cup and Handle Pattern Breakout: The Cup and Handle is generally considered a bullish continuation pattern. The "cup" is a U-shaped consolidation, and the "handle" is a short downward drift before the price breaks out above the rim of the cup, signaling a resumption of the prior uptrend. Time Frame: A 1 to 3-month timeframe is a reasonable expectation for this pattern to potentially reach its target. Confirming the Breakout: Volume: For a Cup and Handle breakout to be considered strong, it should ideally be accompanied by a noticeable increase in trading volume during the breakout above the cup's rim. Sustainability: The price should ideally hold above the breakout level and not fall back into the handle or the cup. Target Calculation: A common way to estimate the price target for a Cup and Handle pattern is to measure the vertical distance from the bottom of the cup to the breakout level (the rim of the cup) and then add that distance to the breakout level. Key Factors to Consider: Market Conditions: The overall market sentiment and the performance of the capital goods and defense sectors can influence BEML's price movement. Q4FY25 Results & Dividend: BEML is scheduled to consider and approve its Q4 and full-year results ending March 31, 2025, on Friday, May 23, 2025. They will also consider recommending a final dividend. These announcements can create significant volatility and impact the stock's trajectory. Technical Indicators: While the Cup and Handle is a strong pattern, looking at other confirming indicators like RSI and MACD can add confidence to the analysis. Several analysts currently have a 'Buy' rating on BEML. Potential Upside and Risk: Target (₹4700): This represents a potential upside of approximately 28.6% from the current price. Stop Loss (₹3160): Your stop loss limits the potential downside to around 13.5% from the current price.
NSE:BEMLLong
by sara54654
SONIC - Time to buy again!Perhaps this is a cup and handle pattern, and if that's the case, it could push the price up to around 65 cents. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
Ethereum - Perfect exactly how I thoughtEthereum Stage 1 - Triangle Pattern - Gave perfect breakdown of triangle pattern Stage 2 - Form M Pattern - Have almost completed the selling target Stage 3 - Retesting completed *Current) Stage 4 - Forming inverse cup and handle and inverted head and shoulder pattern Stage 5- in either of the scenario it may come down but if it goes above 2297 expect it to reach 4000/500/7000 in coming days Stage 5.2 - if the retesting is completed and bearish patter is continued expect it to reach to 900 USD For more details ping me GK Trade manthan
COINBASE:ETHUSD
by GKTrademanthan
Understanding the Inverted Cup and Handle Chart PatternUnderstanding the Inverted Cup and Handle Chart Pattern Understanding chart patterns is fundamental for market participants. This article delves into the inverted cup and handle formation, a bearish signal indicating a potential downward movement. Explore its identification, trading strategies, psychological underpinnings, common pitfalls, and more to boost your trading knowledge. What Is the Inverted Cup and Handle Pattern? The inverted cup and handle, sometimes called an upside-down cup and handle pattern, is a bearish chart pattern that may appear during up- and downtrends. It is the opposite of the traditional cup and handle pattern, which is bullish. The inverse formation consists of two main parts: the "cup," which is an inverted U-shape, and the "handle," a small upward retracement following the cup. Identifying the Inverted Cup and Handle Pattern Identifying the inverse cup and handle pattern involves recognising a specific sequence of market movements that signal a potential bearish move. Here's a step-by-step overview of identifying this formation: Cup Formation - Shape: The pattern begins with an inverted U-shaped "cup." The price gradually rises, consolidates, and then begins to decline, reflecting a shift from bullish to bearish sentiment. - Depth: The cup should have a rounded top, not a sharp V-shape, indicating a gradual reversal. The depth of the cup can vary but typically represents a significant portion of the preceding movement. Handle Formation - Upward Retracement: After the cup's formation, prices usually experience a minor upward retracement or consolidation, forming the "handle." This movement should be relatively short and not exceed the initial high of the cup​. - Shape and Duration: The handle often appears as a small flag or pennant and should be brief in duration compared to the cup. An optimal handle retraces no more than half of the cup’s depth​. Breakout Confirmation - Neckline Break: The pattern is confirmed when prices break below the neckline, the lowest point of the handle. This breakout often leads to a significant decline in prices, signalling a bearish trend​. - Volume Surge: Volume typically decreases during the formation of the cup and increases as prices decline, especially during the handle formation. A substantial increase in volume during the breakout can validate the pattern and minimise the risk of false signals​. The Psychology of the Inverted Cup and Handle The psychology behind the inverse cup and handle pattern is rooted in market sentiment and behavioural finance. This bearish pattern reflects a shift from optimism to pessimism among traders. - Initial Uptrend: The formation starts with an upward movement, where traders are generally bullish, driving prices higher. This phase is marked by growing confidence and increasing demand. - Formation of the Cup: As prices peak, consolidate, and start to decline, some traders begin to take profits, leading to reduced buying pressure. The rounded decline of the cup signifies a gradual shift in sentiment from bullish to bearish as traders become cautious and selling pressure mounts. - Handle Formation: The minor upward retracement forming the handle indicates a brief period of consolidation where the market tests the resolve of buyers. It can be considered a dead cat bounce. This phase often traps optimistic traders who expect the uptrend to resume, but the overall sentiment remains fragile and cautious​. - Breakout and Decline: The decisive break below the neckline represents a culmination of bearish sentiment. At this point, selling pressure overwhelms any remaining bullishness, leading to a sharp decline. The volume surge during this breakout confirms the shift in market psychology from hopeful to bearish as traders rush to exit their positions or initiate short sales​. Trading the Inverted Cup and Handle Pattern Trading the inverted cup and handle pattern involves careful identification and strategic decision-making to maximise potential returns. This pattern presents two primary entry points for traders: during the handle formation or after the neckline break. Entry on the Break of the Handle - Risk-Reward Advantage: Entering on the breakout of the handle’s lower boundary offers a better risk-to-reward ratio but requires more skill and confidence in pattern recognition. - Technical Tools: Traders often use a medium-term moving average (like 21 periods) to confirm the downward leg of the handle. A decisive close below the moving average indicates a continuation of the downward handle leg. - Momentum Indicators: Using momentum indicators like the RSI (Relative Strength Index) or stochastic oscillator helps confirm downward movement. Bearish divergence suggests that the bearish trend is likely to continue. - Volume Analysis: Increasing volume during the handle's breakout indicates strengthening seller control. High volume often validates the pattern and potentially reduces the risk of false signals​. Note that volume data may be less reliable in a decentralised forex market. - Stop Loss and Profit Target: Traders typically place a stop loss above the handle's high to potentially protect against upward spikes. The reverse cup and handle pattern target is usually set at a distance equal to the cup's height, projected downward from the handle's breakout point, although it can be greater if the retracement is particularly shallow. Entry After the Neckline Break - Confirmation Advantage: Waiting for the neckline break offers greater confirmation of the formation but may provide a less favourable risk-to-reward ratio. - Price Action: A decisive close below the pattern's low, ideally with a strong candlestick and minimal wicks, indicates a reliable breakout. This typically confirms the bearish trend and provides a clear entry signal. - Volume Confirmation: Higher volume during the neckline break can further validate the pattern and indicate that the breakout is genuine and not a false signal​. - Stop Loss and Profit Target: In this scenario, the stop loss is typically set above the handle's high. The profit target remains the same, projecting the cup's height downward from the breakout point​. Common Mistakes to Avoid When trading the upside-down cup and handle pattern, avoiding common mistakes is key for maximising potential returns. Some of the more common mistakes traders make include: - Premature Entry: Entering a trade too early, before the handle completes or the neckline breaks, can lead to false signals and losses. Most traders wait for clear confirmation, such as a decisive close below the neckline with increased volume​. - Ignoring Volume: Volume is a critical component in confirming the pattern. Low volume during the breakout phase may indicate a fakeout. Traders typically look for a substantial increase in volume to validate the pattern​. - Incorrect Pattern Identification: Misidentifying the pattern is a common error. The cup should have a rounded bottom, not a sharp V-shape, and the handle should be relatively short. Accurate identification requires practice and attention to detail​. - Overlooking Market Conditions: External factors, such as news events or broader market trends, can impact the pattern’s reliability. Traders consider these conditions when planning their trades​. Advantages and Disadvantages As with all chart patterns, the inverted cup and handle pattern comes with its pros and cons. Here are some key advantages and disadvantages of using this pattern: Advantages - Clear Signal: The pattern provides a clear signal of a potential bearish movement, helping traders anticipate market declines​. - Risk Management: With defined entry and exit points (handle high for stop loss and cup depth for profit target), it aids in effective risk management. - Flexibility in Analysis: Several forms of analysis, from support/resistance and momentum indicators to volume and price action, can be used to trade the pattern. - Versatility: Applicable across various timeframes and markets, including stocks, forex, and commodities, making it a versatile tool for different trading strategies​. Disadvantages - Complex Identification: Accurately identifying the pattern can be challenging, requiring significant experience and skill​. - Rarity: The pattern doesn’t occur frequently, limiting trading opportunities. - False Breakouts: Like all chart patterns, it is susceptible to false breakouts, especially if not confirmed with volume and other technical indicators​. - Timing Sensitivity: Entering too early during the handle formation can result in premature positions, while waiting for the neckline break might reduce the risk-to-reward ratio​. The Bottom Line The inverted cup and handle pattern is one of the most popular chart patterns among traders of all levels. However, like any technical formation, it should be used alongside other indicators and sound risk management to potentially increase its effectiveness. By mastering patterns like the inverted cup and handle, traders can gain deeper insights into market psychology and price action to navigate volatile markets with greater confidence. FAQ What Is the Inverse Cup and Handle Pattern in Forex? The inverse cup and handle pattern in forex is a bearish chart pattern. It features an inverted U-shaped cup followed by a small upward retracement (the handle). This pattern suggests that sellers are gaining control, and prices are likely to decline further once the neckline is broken. How Can You Trade the Inverse Cup and Handle? Traders can enter positions either on the break of the handle’s lower boundary or after the neckline break. Entering during the handle might offer a better risk-to-reward ratio, while waiting for the neckline break provides greater confirmation. Key tools to validate the breakout include moving averages, momentum indicators like RSI or stochastic oscillator, and volume analysis. What Happens After the Reverse Cup and Handle Pattern? After the reverse cup and handle pattern is completed, the price typically moves downward strongly. This bearish movement is often confirmed by a strong breakout below the neckline with increased volume, signalling a sustained decline in prices.​ What Is the Opposite of the Cup and Handle? The opposite of a cup and handle is the inverse cup and handle pattern. While the cup and handle indicates a bullish movement, the inverse version signals a bearish trend. Is the Inverted Cup and Handle Bullish or Bearish? The inverted cup and handle pattern is bearish. It indicates that the price will move downwards, suggesting that traders may open short trades. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1
ASAHI SONGWON : Chart Pattern Breakout#ASAHISONG #cupandhandle #chartpattern #breakout #swingtrade #swingtrading ASAHISONG : Swing Trade >> Chart Pattern Breakout soon >> Cup & Handle Visible >> Volumes Dried up >> Good Strength in Stock Swing Traders can lock Profit at 10% and keep Trailing Disc : Charts shared are for study Purpose & not a Trade Recommendation Pls do uour Own Analysis or Consult ur Financial Advisor before taking any position, Dont go all in...plan ur Trades with Proper Position Sizing, Risk Management and clear plan.
NSE:ASAHISONGLong
by moneyfesttrading
$RUSSELL in a bounce back mode. But upside is capped @ 2400 IG:RUSSELL 2000 after failing from the highs of 2400 on Dec 2024 which it revisited after 2 years the index made a low of 1700 in April which was the lows of this major cup and handle formation pattern the index has been doing for the last 2 year. We discussed this Cup and a probable handle forming in this blog space for the index IG:RUSSELL a couple of times. As the index is completing its lows of the handle formation in April and off of its lows, we can expect some major move to the upside in this relief rally for $RUSSELL. On the weekly RSI the index touched 20 which marked a multi-year over sold positioning in the index itself. But the question is where does the index go from here ? The fundamental analysis of the Cup and handle pattern will tell us that the index must touch the top of the pattern first where the future direction will be decided. In the medium term the index must touch 2400 again before we can make a long term bullish or bearish call. For now, the upside of this handle pattern will continue. Verdict: IG:RUSSELL can touch 2400 before facing major resistance
IG:RUSSELLLong
by RabishankarBiswal
Bitcoin (BTC/USD) - Cup and Handle Breakout🔍 Pattern Identified: Cup ☕ & Handle 🏆 Pattern 🕒 Timeframe: 1-Hour Chart (1H) 💥 Breakout Level: Around $95,000 🎯 Projected Target: $97,073.75 📈 Technical Overview: Bitcoin formed a rounded cup showing accumulation at lower levels. After completing the cup, a small pullback (handle) indicated a healthy consolidation. A strong breakout above the neckline resistance confirms the bullish pattern. ⚡ Actionable Insights: As long as the price stays above the neckline, momentum remains positive. A breakout generally leads to a strong continuation rally towards the projected target. 📊 Watch for volume confirmation for added strength. ⚠️ Caution if price slips back below the neckline – breakout may invalidate. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:BTCUSDLong
by TradZoo
1000RATS/USDT: 100%+ PROFIT POTENTIAL SETUP!!🚀 1000RATS Breakout Alert – 100%+ Potential Incoming?! 👀🔥 Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯 1000RATS has officially broken out of a beautifully formed Cup and Handle pattern — a strong bullish continuation signal. This setup has been building over weeks and is now looking ready for the next explosive leg. 🔍 Previous move from the same base delivered a 106% pump — and this breakout structure hints at another big potential. 🔹 Technical Highlights: Breakout above neckline with volume Holding above EMA support Textbook Cup & Handle with ascending base 📍 Entry: Current Market Price (around $0.032) and add more in dip 🎯 Targets: • Target 1: $0.045 • Target 2: $0.055 • Target 3: $0.061+ 🛑 Stop-loss: $0.029 ⚙️ Risk: Use proper risk management — 3x–5x leverage recommended 💬 Watching closely for follow-through — if momentum sustains, this can be a massive mover. What are your thoughts?
BINANCE:1000RATSUSDT.PLong
by CoreCrypto1
1
cup with handle pattern on the 1-hour time frameWelcome to today's analysis! Let’s break down the current price action on NASDAQ:NVDA and potential trade setups. 🌐 Overview: NASDAQ:NVDA Forming a Cup with Handle Pattern 📈 NASDAQ:NVDA is currently forming a cup with handle pattern on the 1-hour time frame. This pattern is typically bullish and could indicate a potential upward move. 🔄 Current Scenario: NASDAQ:NVDA has formed a cup shape and is now developing the handle. The handle is a consolidation phase before a potential breakout. The key level to watch is the resistance at the top of the handle. A breakout above this level could signal a bullish continuation. 🔑 Key Levels to Watch 🔴 Resistance: Top of the Handle (Needs breakout for continuation) 🟢 Target: Measured move equal to the depth of the cup, projected from the breakout point. 🛠️ Trade Scenarios 📌 Bullish Scenario (Breakout Above Resistance) If NASDAQ:NVDA breaks and holds above the handle resistance, it could move toward the target level. This breakout would confirm the cup with handle pattern and suggest a potential upward trend. 📌 Bearish Scenario (Failure to Breakout) If NASDAQ:NVDA fails to break out and instead moves lower, it could retest the support levels within the cup or handle. A failure to hold above key support levels could indicate a potential reversal or further consolidation. 📌 Conclusion NASDAQ:NVDA is forming a cup with handle pattern on the 1-hour time frame. A breakout above the handle resistance could signal a bullish move toward the target level. If the price fails to break out, further consolidation or a retest of support levels may be necessary.
NASDAQ:NVDALong
by WaveRiders2
Bullish on All Time Frames; butBullish on All Time Frames; but Strong Resistance lies around 12 - 12.20 Those who are Holding, Must Trail their Stoploss to 10.30 (at least) Though there is Hidden Bullish Divergence, but Strong Resistance is lying ahead. Those who want to Take Fresh Entry, should wait for 12.20 to Sustain. One thing to note is a Bearish Divergence on Daily TF. But since this is on Daily TF, so slight Pressure may bring buying Opportunity (as long as it stays above 8.)
PSX:POWER
by House-of-Technicals