Cup And Handle
J K Cements Ltd: Cup & Handle PatternJ K Cements Ltd: Cup & Handle Pattern
Price breaks out through the neckline of pattern with huge volume and trading above it.
27 weeks long base.
21 % upside potential
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
TI: Breakout from Cup and Handle Pattern with High Volume Tilaknagar Industries Ltd. (TI) has exhibited a textbook breakout from a well-defined Cup and Handle pattern on the weekly chart. This pattern is often seen as a bullish continuation signal, indicating the potential for further upward movement.
Key Observations:
Cup and Handle Formation:
The stock has formed a classic Cup and Handle pattern over the past several months. The "cup" reflects a gradual rounded bottom, signaling a consolidation phase, followed by a minor "handle" retracement.
Risky reversal trade for 2x returns!Geojit financial has shown cup and handle breakout from trendline.
We have seen similar chart in Heromotorcorp where ATH levels have been breached.
We might get to see a similar story in this stock.
Do check out my Hero motor corp analysis as well.
If you like my analysis, please like it and follow me for more such trading ideas.
JM Financial - Cup & Handle Breakout- Safe above 117. SL-91With Bajaj Housing IPO coming in, Market is cheering and all NBFC/Brokerage stocks are seeing a run.
The stock has formed cup and handle pattern and a breakout is expected above 117.
Safe Entry above 117, for targets of 140/155/180.. with stop loss of 91.
NBFCs (Non-Banking Financial Companies) have been experiencing a surge in their stock prices in India due to several factors:
Economic Recovery: India's economy has been steadily recovering from the pandemic, leading to increased deman
SBINI can see two bullish patterns in chart.
1. Ascending channel
2. Rounding bottom
Strong resistance is seen at the zone 824 - 826.
Buy above 820 with the stop loss of 814 for the targets 826, 832 and 840.
Sell below 810 with the stop loss of 815 for the targets 805, 800 and 795.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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