Yesterday after market close - we published chart of Nifty IT stating the IT Sector would snap the 5 day Fall and would bounce back today Reasons for IT bounce: Double Top neckline Support (not broken) 2 support lines from the Gap Up candle (one support at top of Gap and one at bottom) Good rejection seen from DT neckline + both ends of Gap - and price...
Multi-baggers are identified in several ways - based on the Sector they operate, based on Management Conviction, Based on the product portfolio, Global Demand etc... But identifying a Multi-bagger from "Scrap" is extremely difficult, because by that time people would have made solid impressions that its a "Loser", "Worst Performer" etc... In the business of...
Multi-Timeframe Analysis of Vedanta: Decoding the Dividend Yield Vedanta Ltd has been a Cash Cow atleast for past 2-3 years from a Dividend Perspective. More than the Stock price gain - It has provided Dividend Yield of more than 40% since 2022. A large portion of Dividend yields was being utilized to settle the Parent Company's Debt in UK. It was like a...
TEXRAIL turned out to be a Multi-bagger in 2023. The initial call was given at 64 for a target of 116, 136, 157. It blasted all 3 targets in less than 8 months resulting in a profit of more than 2.75x - Amazing Isn't it Recently the Indian Govt has announced major investment of more than 1 Lakh Crores into Railways & Infrastructure and among the Railway Themed...
Surya Roshini - one of the largest Steel Pipes and Lighting companies in India shined bright on Friday (Dec 29) when it got locked in 20% UC This 20% was backed with 2 important milestones: 1) Cup & Handle BO supported with Volume @ Monthly TF 2) Multi-Year Parallel Channel BO as well 3) Target for C&H BO is 965 Break-out Traders - What to watch for, Can we...
ZENSARTECH (CMP: 617.35) presents a compelling opportunity with the formation of a classic cup and handle pattern. This bullish technical setup suggests a potential upward trend reversal, making it an exciting prospect for traders and investors. Key Points: Cup and Handle Formation: The stock has traced a cup-like pattern, indicating a period of consolidation...
Netflix appears to me to be completing a large cup and handle pattern. The initial peak of the cup appears at a price level of about $485 while the base appears to be at a low of $345. This price difference is $140, so I suggest the possibility that a new price target for NFLX should be at $625. The handle has just been broken in the upward price direction and I...
RUN AWY GAP UP TRADING CUP WITH HANDEL PATTER BREAKOUT Voice BUILDING FROM the Last Three Sessions 21SMA 277 50SMA 268 200SMA 229
NSE:LT Pattern details: Up-trend before forming Cup with handle pattern Cup with ~8% correction and length of cup 22 bars (31 days) Handle length is 8 bars (13 days) and ~3% correction. BO Volumes are good Disc - invested, for educational purposes only
Stock has made breakout from cup and handle pattern which didn't retrace more than 0.382 Fibonacci of previous rally. This pattern was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks. Electronics Mart has a potential to 2-3x from here onwards as sales were also good in recent quarter. Entry 227 with small stop at gap near...
Take Two Interactive, while on the downward sloping trend has formed a cup & handle pattern and successfully managed to break out of the range. The arrival of next Grand Theft Auto series is likely to push the stock up as it is likely to be one of the best selling titles in the gaming industry. The stock has many supporting reasons to drive its price higher as we...
Everest Kanto Cylinder Ltd. (EKC) is engaged in the manufacture of high-pressure seamless gas cylinders along with other cylinders and equipment used for containing and storing natural gas, liquids, and air. 155 is the next resistance for the stock my target is 180 with stop loss of 115 155 level can achieve in next two sessions. no recognition for buy and sell
GBP/USD is currently on the verge of the lower boundary of an upward channel and forming a Cup and Handle pattern, indicating a potential bullish reversal. The entry point may occur after the price successfully breaks and retests the SNR level at 1.23113. Technical Analysis: -The Cup and Handle pattern is forming, signaling a potential bullish reversal. -The...
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NSE:WABAG As seen on the chart, Va Tech Wabag Ltd has formed a nice U-shaped Cup, and the volume was low when it was forming the handle and the breakout was with a good volume. There is a high probability that this pattern will be successful. Disc - invested, for educational purposes only Another similar setup was with Finolex Cables
NSE:FINCABLES As seen on the chart, Finolex Cables have formed a nice U-shaped Cup and the handle is also not very deep. Also, the volume was low when it was forming the handle and the breakout was with a significantly higher volume for the handle. There is a high probability that this pattern will be successful. Disc - invested, for educational purposes only.
As seen on the chart, NSE:LEMONTREE has formed a nice U-shaped Cup, The stock was in an uptrend before forming Cup Took 38 weeks to form the complete pattern. 27 weeks for Cup with a correction of ~27% 11 weeks for Handle with a correction of ~10% Volume dried up during the initial part of the cup and handle. But was good when coming out of the cup...
this chart breakout 2017 high with cup and handle pattern so this give beautiful result. 6500 is my target as per this breakout no recommendation for any buying or selling take own analysis