Master the Cup & Handle: Analyzing the STL Networks ChartA Cup & Handle is one of the most reliable bullish continuation patterns in technical analysis. It represents a brief period where the market takes a breather before continuing its upward trend.
Using the STL Networks Limited (STLNETWORK) weekly chart as our guide, let's break down exactly how this pattern forms, how to read it, and how traders trade it.
🔎 Anatomy of the PatternThe Cup (Accumulation Phase):What it looks like: A smooth, rounded "U" shape or bowl.The Psychology: After hitting a
MAZDA## Mazda Ltd. (CMP ₹261.00, NSE: MAZDA)
**The SmartWay Research Desk | 3 September 2026**
An Ahmedabad‑based engineering company, incorporated in 1990. Mazda Ltd. is engaged in **manufacturing of vacuum systems, evaporators, pollution control equipment, and allied engineering products**, catering to industries such as chemicals, pharmaceuticals, food processing, and power.
**Promoter Holding (Jun 2026):** **Mazda Group (Patel Family) — ~65.1% stake (no pledges)**
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### FY22–FY26 Sn
Windlass Biotech 💊 STOCK TO WATCH 💊
₹1,060–1,070 → ₹1,462 → ₹2,888 👀
A pharma/CDMO name appearing on my Weekly R4 Momentum Breakout Scanner.
Windlas Biotech Ltd.
📌 Buy Zone: ₹1,060–1,070
📌 Breakout Zone: ₹1,056
🛑 Stop Loss: ₹751
🎯 Target 1: ₹1,462
🎯 Target 2: ₹2,888
Why Windlas Biotech?
🧬 CDMO + formulations play: Windlas operates across generic formulations CDMO, domestic trade generics/institutional sales and exports, giving it multiple revenue engines.
🌍 Growing export opportunity: FY25 export revenue
Principle of Polarity at a Key Technical ZoneSilver Touch Technologies is currently testing one of the most important concepts in technical analysis — the Principle of Polarity, where a previous resistance level transforms into support after a successful breakout.
The ₹160–168 zone acted as a significant resistance area for several months. Price repeatedly struggled to sustain above this level until a strong breakout occurred in June, accompanied by increased buying interest and momentum. Following the breakout, the stock witnessed an imp
BANK OF BARODA | WEEKLY SUPPORT SETUPBank of Baroda is retesting a well-established 230–240 weekly demand zone, which has acted as support multiple times. Price is currently near the upper part of this zone.
Entry: 230–240
Target 1: 252
Target 2: 285
Stop Loss: 225
Invalidation: Weekly close below 225.
Educational analysis only. Not investment advice. Trade with proper risk management.
The Prime Trader | Fundamental + Technical Analysis
Cochin Shipyard Stock (NSE): Wave (Y) DevelopingNSE:COCHINSHIP is showing a possible W-X-Y corrective structure on the daily chart.
The first corrective phase, Wave (W) , appears to have ended near 1180, followed by a recovery that formed Wave (X) . The rally appears to have completed near 1843, close to the marked Fibonacci retracement zone.
From there, the stock has turned lower and Wave (Y) appears to be developing.
As long as the stock remains below the recent 1843 high, the current Elliott Wave setup continues to favour furt
$iredaok so plan B activated for IREDA sweep this demand zone below and then we get our short covering rally
reclaim MS and pullback into demand to test then off to the races
exited my small caps for now since they will fall a bit more IF things get nasty
50% in cash for now waiting for lower
shall update nifty50 in a bit
SOMANYCERAWeekly Chart
Support 550
Expected Level 614
RSI above 60 Daily / Weekly
Somany Ceramics Ltd is engaged in manufacturing and trading of complete decor solutions, its products include ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary-ware, bath fittings and allied products. [
SELL NTPC @ 331 SL 345**5 Key Rules for Trendline Breakout Trading:**
* **Valid Trendline:** Draw a line connecting at least 2–3 major swing highs or lows.
* **Candle Close:** Enter only after the candlestick closes clearly beyond the trendline.
* **Volume Confirmation:** Ensure high volume on the breakout candle to confirm strength.
* **Stop-Loss Placement:** Set a stop-loss just below the breakout candle or recent swing low.
* **Target Setting:** Aim for the next major resistance level or a minimum 1:2 Risk-to-Rew
BUY @1282 SL@ 1260**5 Key Rules for Trendline Breakout Trading:**
* **Valid Trendline:** Draw a line connecting at least 2–3 major swing highs or lows.
* **Candle Close:** Enter only after the candlestick closes clearly beyond the trendline.
* **Volume Confirmation:** Ensure high volume on the breakout candle to confirm strength.
* **Stop-Loss Placement:** Set a stop-loss just below the breakout candle or recent swing low.
* **Target Setting:** Aim for the next major resistance level or a minimum 1:2 Risk-to-Rew
PATIL AUTOMATION inverted H&SThis is a weekly candlestick stock chart for Patil Automation Ltd. (PATILAUTOM), analyzed on the TradingView platform.
## Key Technical Aspects
* Chart Type: Weekly (1W) candlestick chart.
* Price Movement: The stock experienced a major correction from mid-2025, bottomed out in early 2026, and has since staged a sharp recovery back to its previous resistance levels.
* Chart Pattern: The green dashed lines highlight a classic bullish Inverse Head and Shoulders reversal pattern.
* Left Shoulder:
CAPLIPOINT Tight Range Consolidation at Highs:The stock has been in a clean multi-year secular uptrend since 2022, making consistent higher highs and higher lows.
Over recent weeks, the price has compressed tightly between 2,463 (support base) and 2,699 (all-time high ceiling).
Volume on the weekly timeframe remains calm without signs of heavy distribution or aggressive institutional exit.
"Disclaimer: Educational chart study only. Not a SEBI-registered advisory. No buy/sell recommendations implied."
ELGI RUBBER## Elgi Rubber Company Ltd. (CMP ₹60.66, NSE: ELGIRUBCO)
**The SmartWay Research Desk | 2 September 2026**
A Coimbatore‑based industrial company, incorporated in 2006. Elgi Rubber manufactures and supplies **retreading materials, rubber products, bonding gum, cushion gum, and allied equipment** for the tire retreading industry. The company operates through subsidiaries in India and overseas, serving both domestic and export markets.
**Promoter Holding (Jun 2026):** **L.G. Balakrishnan &
Jayaswal Neco - Bullish at CMP after 18 yrs breakout!Stock has successfully given breakout above 83 level, after 18 years.
It has also retested in a textbook style and is on the way to going up. Once it crosses the previous high, stock can be in a multi-year uptrend for the next 6-7 years. Target will be 3200-3400 in the next 7 years.
About Fundamentals of the company:
Promoter integrity: mixed and permanently marked. They never sold a share through six loss years and an NCLT filing, accepted 31% equity dilution to ACRE rather than exit, si
DCB Bank 🏦 STOCK TO WATCH 🏦
₹221 → ₹323 → ₹420 👀
A private-sector banking name appearing on my Weekly R4 Momentum Breakout Scanner.
DCB Bank Ltd.
📌 Buy Zone: ₹221
📌 Breakout Zone: ₹221
🛑 Stop Loss: ₹154
🎯 Target 1: ₹323
🎯 Target 2: ₹420
Why DCB Bank?
📈 Strong Q1 FY27 earnings: Net profit jumped 35.6% YoY to ₹213.2 Cr, marking the bank's fourth consecutive quarter of record quarterly PAT.
💰 NII momentum: Net Interest Income reached ₹683.95 Cr, with reported YoY growth of about 18% and NIM improvin
Syncom Formulations💊 STOCK TO WATCH 💊
₹20 → ₹58 👀
A small-cap pharma name appearing on my Weekly R4 Momentum Breakout Scanner.
Syncom Formulations (India) Ltd.
📌 Buy Zone: ₹20
📌 Breakout Zone: ₹20
🛑 Stop Loss: ₹12
🎯 Target: ₹58
Why Syncom Formulations?
💊 Pharma formulations business: Syncom manufactures and markets 500+ pharmaceutical products across tablets, capsules, injections, liquids, ophthalmics, creams, gels and other dosage forms.
🌍 Export-oriented platform: The company has an international presenc
Bhageria Industries 🧪 STOCK TO WATCH 🧪
₹250–260 → ₹396 → ₹423 → ₹597 👀
A specialty-chemicals name appearing on my Weekly R4 Momentum Breakout Scanner.
Bhageria Industries Ltd.
📌 Buy Zone: ₹250–260
📌 Breakout Zone: ₹242
🛑 Stop Loss: ₹185
🎯 Target 1: ₹396
🎯 Target 2: ₹423
🎯 Target 3: ₹597
Why Bhageria Industries?
🧪 Specialty chemicals exposure: The company has a diversified product portfolio serving industries such as home & personal care, oilfield, textiles, agrochemicals and lubricants.
📈 Strong Q1 FY27 perf























