Cup And Handle
SEI is setting the stage for a potential bear trap! 🐻🚫💎 Paradisers, #SEI might trap bears who entered during the recent breakdown.
💎If #SEIUSDT breaks out from the recent cup and handle pattern, we can anticipate a bullish move. This scenario would likely trigger bear stop losses, potentially driving a bullish trend.
💎However, if the price breaks down below the minor support level, it would be considered a continuation of the short-term bearish trend, and we might expect further bearish movements. For now, though, I am not interested in focusing
Castrol India - Cup & handle breakout!!Castrol India has given breakout of cup and handle pattern on weekly time frame. We need one more confirmation (pls refer my other charts to refer when we can state a confirmed confirmation). We can expect the price to move to 215+. Other factors:
1. Volume candle: pls see last weekly candle, big buy has happened
2. RSI on weekly basis is above 60; bullishness
3. MACD is also positive.
"Clean Charts, Easy Charts"
Learning and Earning!!
Cheers!!!
Ageis Logistic - cup and hand & head and shoulder patternAgeis Logistic is forming 2 formations - cup and hand & head and shoulder on weekly basis. Short Target of 450 and we can expect a long term target of 600+. Other factors:
1. RSI is improving, sustainable above 60 will make it bullish
2. MACD is positive
3. Volumes is increasing
4. Highest ever TTM Net profit
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!!
ALong
NBCC NEAR BREAK OUT OF CUP N HANDLE NBCC
Rally - Base - Rally price action
1.First Rally, then forming Base in the Cup & Handle pattern (Volatility contraction) & then again expected Rally after break out of the neck line.
2. Close above previous day High(134.5)
3. Close above last week High(130.40)
4. High increase in 1 month (+18.7%)
5. High increase in 3 months (+18.8%)
6. High increase in 6 months (+113.6%)
7. High increase in 1 year (+250.8%)
8. Promoter holding 61.75%
9. Pledged percentage 0.00 %
10. Change in Pro
Jb chemicalsChart form cup with handle pattern
Price move above the Ema 21,50 and 200
Stock in uptrend
JLong
Aegis chem might fly post ATH breakoutAegischem is trying to give ATH breakout with cup and handle pattern
Stock has risen after a bear trap. A breakout here will open new highs for the stock.
Stock has decent fundamentals to support
ALong
Dilip buildcon-A good infra stock to build portfolioDilip buildcon has given a monthly breakout from cup and handle pattern and is looking good for a reversal trade.
If you trust India's infra story, this stock should be in your portfolio considering its bettering fundamentals.
For short term traders, currently stock is not showing any bullishness but can give good move if Q4 2024 results are positive.
Hindalco Weekly Chart - Cup and Handel BreakoutOn a weekly chart price has given a breakout of the cup and handle pattern at 618 level. At currency juncture price is trading at 648 level. Momentum oscillator RSI has given positive crossover.
If price respect the level of 618 price can rally towards 780 level.
Escorts Gearing Up for next move3143 entry 2922 stop ~7% which is fair stop for cash swing positions.
Booking strategy
30% of position book on 10-15% gain near resistance trail rest at buy price.
For remaining use sell on to strength on day it makes very big candle and remaining can be booked on weekly close below 13EMA.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on
MMTC CUP & HANDLE PATTERN. WAIT FOR BREAKOUT.MMTC had given a breakout on monthly basis in January 2024 and now we are seeing the pull back and retest.
Coming to a lower TF like daily or hourly we can see that it has been moving in a Parallel Channel from Aug 2023 consistantly making Higher Lows and Higher Highs.
Taking 1 HR. Time frame we can see that it is making a Cup and Handle pattern. We have yo wait for breakout on the upside, get a confirmation of making a higher low,high and can invest.
1st Target would be the latest High 101. 2nd
Suryoday Bank- DO NOT MISS!Suryoday has given a good breakout of cup and handle pattern
A weekly closing above 200 can be a good signal that ATH levels can be seen soon.
Stock is available at a very good valuation.
I had seen such breakout in Spandana which had blasted after breakout.Expecting a similar move here.
Looks like ADA has pulled a sneaky move on traders🕵️💎 Paradisers, it seems that #ADA has trapped traders who entered based on the breakout of the cup & handle pattern.
💎Nevertheless, should #ADAUSDT breach above the previous high, we may anticipate a bullish move, especially considering the bullish market structure signaled by CHoCH & BOS.
💎In the event of a pullback, we could foresee a bounce from the demand level.
💎However, if the price breaks down below the demand level, it may be viewed as bearish, particularly due to CHoCH towards bearish























