CANFINHOME - Cup and Handle breakout - DailyName - CANFINHOME
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Very Good
Cmp - 931
Can test - 1048
SL - 905
Here’s a summary of Can Fin Homes Ltd’s Q1 FY25 results:
Financial Highlights
Net Profit: Can Fin Homes reported a net profit of INR 109 crore, up from INR 93.15 crore in the same quarter last year1.
Total Income: The total income for the quarter was INR 450.84 crore1.
Disbursements: Disbursements during the quarter rose to INR 894 crore, compare
Cup And Handle
PEL - Cup and Handle breakout -DailyPEL - Chart shows PEL gave Cup and Handle breakout on 23rd Aug and consolidating in range 1043 to 1089.
13th Sept gave breakout with good volumes.
Based on Cup and Handle pattern, price can test 1350 by keeping stoploss at 1089 and 1043(breakout level).
Name - PEL
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Good
Cmp - 1119
Target - 1350
SL - 1089 and 1043
in.tradingview.com
Here’s a summary of Piramal Enterprises Ltd’s (PEL) Q1 FY25 results:
Financial Highli
PLong
OBEROIRLTY - Symmetrical triangle Breakout - DailyName - OBEROIRLTY
Pattern - Symmetrical triangle Breakout
Timeframe - Daily
Volume - Good volume
Cmp - 1814
Target - 2140
SL - 1767
Always welcome for any comments with your feedback or give it a like if you find it useful.
Analyst Ratings
TradingView: Based on 21 analysts, the overall rating is neutral. The price target ranges from INR 1,175 to INR 2,350.
Morningstar: Oberoi Realty is considered fairly valued with a current price of INR 1,784.64 and a fair value estimate of INR
LICHSGFIN - Cup and Handle -Breakout - DailyLICHSGFIN - Chart gave Cup and Handle breakout with good volume.
We can keep stop loss as low of the breakout candle which is 703.
Based on the pattern target can be 723 range with time frame 3-6 months.
Name - LICHSGFIN
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Good
Cmp - 723
Target - 811
SL - 703
Fundamental analysis of LIC Housing Finance Ltd (LICHSGFIN):
Company Overview
LIC Housing Finance Ltd is a prominent housing finance company in India, provi
LTTS - Watchlist - Ascending triangle - Cup and handle -Wkly LTTS - Forming Ascending triangle and cup and handle patterns on weekly charts.
Need to close above 5890 for breakout, which can test 8000 levels in a 6 to 12 month timeframe.
We can have it in watchlist for next week.
Strengths
The company is virtually debt-free.
The company has a good ROE track record of 27.20%.
The company has delivered average profit Growth of 23.19% in the last 3 years.
The company has delivered good income growth over the past 3 years of 20.47%.
The company has effecti
INDO AMINES FORMING A STUNNING CUP AND HANDLE PATTERNThe stock has been cup and handle pattern since 2022 and faced rejection from 171 level thrice but this time it feels different with good volume support a stong bullish momentum must prevail
The stock has pretty good fundamentals growing at pretty decent rate which enhances futher relaibility in the stock .
The stock has immediate target for 182 and 273 in 5-6 weeks
Edelweiss - Multiple confluence points - Cup&handle, Flag patterEdelweiss is at multiple confluence points at monthly time frame - it has made cup & handle patter, flag pattern and a rectangular pattern. A breakout of the stock will definitely looking to move upwards. Other factors:
1. See volumes - building / consolidating
2. MACD is improving
3. RSI is above 60
4. Fundamentally also, good Q1 result, selling stake for 1.5k - 2k crores, improvement in processes and we can RBI restrictions moving away
Keep in your radar
"Cleaneasycharts"
Right Stock at
PRESTIGE -Symmetrical triangle - Breakout - DailyName - PRESTIGE
Pattern - Symmetrical triangle Breakout
Timeframe - Daily
Volume - Avg volume
Cmp - 1884
Target - 2491
SL - 1873 or low of the Breakout candle - 1775
Always welcome for any comments with your feedback or give it a like if you find it useful.
PAGE INDUSTRIES READY TO TURN THE PAGE The stock has been forming cup and handle pattern on the daily timeframe and is in strong bullish trend
The stock looks good for a swing and from the long term perspective it can reach around 53000 in coming years
The company also has a solid goodwiil and reputation with household names like jockey and speedo under its name which makes its future further optimitic
NAZARA TECHNOLOGIES LTD (NAZARA)NAZARA TECHNOLOGIES LTD (NAZARA) appears to be in an uptrend. The price has been consistently making higher highs and higher lows, indicating bullish momentum. Additionally, there's a potential cup and handle formation, which is a bullish reversal pattern.
Entry, Target, and Stop-Loss
Entry:
Breakout: Wait for the price to break out of the neckline of the cup and handle pattern with increasing volume. This confirms the bullish breakout.
Target:
Measured Move: A potential target could be based
JUBILANT INGREVIA LTD (JUBILANT) Near BreakoutJUBILANT INGREVIA LTD (JUBILANT) appears to have completed a Cup and Handle pattern. This bullish pattern suggests a potential upward breakout after a period of consolidation.
The increasing volume and RSI above 50 confirm the bullish sentiment.
Entry, Target, and Stop-Loss
Entry:
Breakout: Wait for the price to break above the neckline of the cup and handle pattern with increasing volume. This confirms the bullish breakout.
Around - 766
Target:
Measured Move: A potential target could be b
ZAGGLE: Bullish Cup and Handle Breakout with Strong Volume SurgeTechnical Analysis of NSE:ZAGGLE
Cup and Handle Pattern: Zaggle Prepaid Ocean Ltd. has successfully formed and broken out from a classic cup and handle pattern, a bullish continuation pattern indicating strong upward momentum. The cup portion spans several months, showcasing a rounded bottom, which is a signal of consolidation and accumulation by buyers. Following this, the handle displayed a brief consolidation before the breakout occurred, confirming the pattern.
Breakout Confirmation:
ZAGGLE - - Cup and Handle - Breakout - DailyName - ZAGGLE
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Very Good
Cmp - 409
Target - 543
SL - 388
Zaggle Prepaid
June quarterly results
Price ₹ 409 M.Cap ₹ 5,017 Cr PE 85.5
Item YOY Jun 2024 Mar 2024 Jun 2023
Sales ⇡ 113% 252 273 118
EBIDT ⇡ 182% 22.4 27.2 7.95
Net profit ⇡ 712% 16.7 19.2 2.06
EPS ⇡ 523% ₹ 1.37 ₹ 1.56 ₹ 0.22
Always welco
PASUPATI ACRYLON BREAKOUT AFTER 3YEARSThe stock has broken the 3 year old resistance with great volumes and pretty decent pattern , fundamentals of the stock are not quite attractive and are a cause of concern but still with good future prospects and expansion plan company can make an impact
Also the compnay has diversified itself into ethanol products
TARGET 4-6 WEEKS - 85
PATTERN - CUP AND HANDLE
PRETTY SOLID VOLUMES ON WEEKLY TIMEFRAME
ROCE - 6.09%
ROE - 4.09%
P/E - 25.4























