Britannia breakout & re-testBritannia beautiful cut & handle pattern breakout + re-tested. Immediate target will be 5890 according to C&H range. Then trend based fib extension will drag it till 6500 to 7000. Follow the marked targets on the chart
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. E
Cup And Handle
JUSTDIAL [for swing]JUSTDIAL This stock Multi-year breakout with high volume spike today getting last movement upper circuit so .. buyer are very aggressive looking .
Price Pattern:
There is a cup and handle pattern forming, with the cup's bottom forming around the 2022-2023 period and the handle forming recently.
The breakout from the handle is a positive sign and could lead to a strong upward move if it holds above the resistance.
Trend Channel:
The descending channel (handle part of the cup and handle)
HBLPOWER - BreakoutHBLPOWER - Breakout
Cup Pattern
Volume Rise
Disclaimer:-
This is only for educational purposes. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
Hariyana Ship Breakers Ltd - Cup & Handle Breakout!!Hariyana Ship Breakers have given a breakout of cup & handle pattern. It is out of its price band after 3 years. Other factors:
1. RSI is above 60 showing bullishness
2. MACD is positive
3. Breakout is with huge volumes
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
Rico Auto-A multi year monthly breakout!DO NOT MISS THIS BREAKOUT!
A clean volume breakout with retest done in daily TF.
Stock will fly from here.
A small consolidation can be expected which is best time to accumulate this stock
We might not see this stock at this price in coming few years again.
A good fundamental auto ancillary stock
KelltonTech-An ATH breakout which you shouldn't miss!Kellton tech has given a weekly breakout from an ATH supply zone of 120-130 with very heavy volumes.
Stock has formed cup and handle pattern since 2017 and now looking strong for a big quick uptrend.
This stock is a potential multibagger with decent fundamentals.
WELSPUNLIVWELSPUNLIV
Market Cap ₹ 16,935 Cr
Industry: Textiles - Products
Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world.
Promoters 70%
FIIs 7 %
DIIs 6 %
other 1%
Public 16%
My study shows on chart study with technical analysis . this made cup and handle with multi- year break-out and darvas box break-out this good signs for huge movement after some days . after retest stock targets all hits. its my prediction
Microsoft Target Minimum in 500$This is the one of the Learder in the currently in the AI Space company Microsoft this company weekly chart formation in the cup & handle pattern.
If your are Previous view after the complet cup & handle pattern price move in in the Depth of the cup 1X to 2X my View this is the 2X Move.
SUNTECK - EXCELLENT SETUP (MULTIYEAR BREAKOUT)Price Action has gone through multiple contractions since 2019 and is now poised to breakout of a major supply zone. Though Price action has broken the barrier, will still wait for a day to confirm a true breakout
First contraction was close to 72%, followed by 50% during 2023 & finally reduced to 28% before giving a breakout. Squeeze kept getting tighter for each consecutive contraction which is a very positive sign.
Even Volume support seems to be present along with Sectoral Tailwinds behin
cup and handle patternMagadh Sugar & Energy has an operating revenue of Rs. 1,096.58 Cr. on a trailing 12-month basis. An annual revenue growth of 15% is outstanding, Pre-tax margin of 14% is healthy, ROE of 15% is good. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 17% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 5% a
EVEREADY READY TO MANUFACTURE SOME GREAT RETURNS (Easy 90%)The stock has been forming an cup and handle pattern on the weekly timeframe moreover it has attempted it beforehand in 2015-17 however it could not sustain it and could not hit the targets , rather it broke the support and went completely downhill
fastforward to 2024 it has entered into its last phase of cup and handle formation second time
this one began aroun 2018 , this time the consolidation is also pretty long and the pattern is also perfect moreover the fuandamentals are also supportin























