The 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...
Hello everyone , I am here with a new power pack stock with a cup n handle chart pattern breakout named MOHIT INDUSTRIES (NSE). technical view The stock has given a good Breakout in weekly as well as in monthly Time Frame with good intensity of volume. the stock have sky touch as the breakout is followed by an Extreme Bullish Chart Pattern i.e Cup N Handle. ...
HDFCAMC FUT breaking past multiple patterns ( triangle, cup n handle) as well as nearing its resistance zone of 3800-3810. Risk:Reward - 1:3 Could be bought with mentioned stoploss & targets. not to b missed breakout
balkrishna made cup n handle pattern on daily TF & broke above neckline of 2270(happens to be multiple resistance zone which rejected multiple times) with good volumes. Could be bought with mentioned stoploss & target.
PVR made cup n handle pattern on hourly/daily charts & broke out of it with very good volumes. Could be bought with mentioned stoploss & targets.
Dalbharat is on the way to complete cup n handle pattern on daily charts, its not confirmed yet but i presume it ll so you dont have lose points till breakout. Risk-Reward is very much favourable to bulls. Could be bought with mentioned stoploss & targets in a month time. So buy in delivery & hold for good returns.