CUPID trade ideas
Cupid Limited - Towards Cup and handle break outCupid limited has formed a cup and handle pattern . RSI is strong and the stock has done a decent quarter. Q3 is usually the best . Promoter has been buying shares. look out for a break out above 87. Can easily give 15% returns in the short term. Company has incorporated a subsidiary in UAE . There is a new plant in the works which will be operational from next years some time.
BULLISH ON CUPIDCUPID stock reached from 880 to 1660 in just 10 days aka 100% return
stock trajectory in intraday = 5% daily most of the time aka bullish
view is bullish on this stock
stock can gain upto 2200 in 1-2 months
can expect returns 100-200%
positive news inflows about stock
Cupid Secures Domestic Orders Worth INR162 Million
link
www.tradingview.com
#CUPID TRADE IDEA SETUP Greetings Folks,
today i have prepared a setup on CUPID on NSE
the analysis is as follows
- price is at all time high
- weekend break of structures requires some retracement for further move
- following a dynamic support trendline
- if tomorrow's 11/09/23 is a slow market
then we would want the price to form some minor range
dont play with fire, always use predefined stoploss
CUPIDNSE:CUPID
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such action
CUPID ... SWING TRADENSE:CUPID
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Possible upside in CupidCupid looks strong near 230, for possible upside to 300, Sl:210
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