wareerti stock Cup and handle Wareerti formed a cup and handle pattern and also broke out; now it’s retesting. At this price, an entry can be made with a small stop loss — check it out and do your own analysis at your own risk. My analysis is mostly wrong anyway."
Entry kab avoid karein:
Agar retest zone par repeatedly price sustain nahi kar raha.
Retest par bhi selling pressure high ho raha hai (volume high).
Market sentiment overall bearish ho.
cup and handle breakout retest entry
Retest price: Retest ideally breakout level ke aas-paas ya thoda upar hota hai. Agar retest bahut deep chala gaya (cup ki midpoint ya handle ke bottom tak), toh setup weak ho jata hai.
Volume confirmation: Breakout par volume high hona chahiye, aur retest par volume kam hona chahiye.
Price action: Retest par bullish candle, hammer, bullish engulfing ya koi bhi strong reversal candle milti hai toh aur confirmation milta hai.
Stop-loss: Retest low ke thoda niche ya handle ke low ke niche (as per risk appetite).