Traders,
Bitcoin has crushed the 48k barrier finally. And with that we are on our way. The long-time Cup and Handle Pattern that I have been alluding to for so long is now in play and tells us that we should easily reach 80k this year and maybe as soon as mid-summer.
With our 48k on the underside of price, we can now expect to use this as support. We also have...
Let’s make this as simple as possible for Bitcoin. It’s really this - Bitcoin must beat 48k to continue the bullish trend and confirm that larger cup and handle pattern is in play which will take us to 80k.
If we don’t beat 48k soon, then I expect another small pullback. However, it may not be as deep of a pullback as other analysts expect. According to my chart...
For my final long (sorry tradingview followers as I have only had the time to post a few of my trades here but you know where to find the rest), I chose Matic. Nice little cup and handle. Above VRVP POC and above all SMAs. Entry was .86. Final target is 1.03 with profit taking at .94 along the way. SL is .80 with a rrr of 3.5 to 1.
Suzlon energy has recently given a breakout of cup and handle pattern on daily time frame with good volume. The short term and mid term momentum is also good which signals strength in the trend.
]A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order...
Revered as one of the most reliable real estate developers in India, Hubtown was conceived in 1985 with the intent of dramatically transforming the real estate.
As part of the Interim budget there is strong focus on Railways, Infra, Green Energy and Real Estate.
On the Technical Front - Hubtown has formed a big Cup and Handle BO on Monthly level. There is an...
Skipper had a Blast of nearly 15% today and ended right at the BO zone of Multi year Rounding Bottom BO
On Daily Chart - there is a Cup and Handle Pattern with same BO zone. Above 275 WCB for target of 340
On Monthly Chart - There is a Rounding Bottom pattern with BO above same 275 WCB for Target of 530 almost 2x from CMP
Disclaimer:
Stocks-n-Trends is NOT a...
Cup & Handle pattern breakout done in JK TYRE
Please kindly wait for Retesting the level 205
You just keep an eye on this stock
I will update instantly about this stock
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before...
Balmer Lawrie is a Mini Ratna PSU stock - a conglomerate under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. Balmer Lawrie has presence in both manufacturing and service sectors. Market leader in Steel Barrels, Industrial Greases & Specialty Lubricants etc...
The first call was given around 150-155 levels for a Cup and Handle...
IFB Industries is a Fundamentally Strong stock, but despite all fundamentals every stock has its Rise and faces its Correction. IFB has been forming a Big Cup & Handle Pattern on Monthly Level since 2017 - yes almost 7 years of forming a Bullish Pattern.
Finally IFB has decided to Breakout and Blast. It has broken out of the Cup & Handle on Monthly and while...
Looks like CVNA is ready to breakout in a cup/ handle. Everyone said that it broke out already and is now dying down. But the final handle/ falling wedge is showing signs of a breakout. I posted this at $42 last week but re-emphasizing at $44. As long as you hedge you're not late.
You can capitalize on both ups and downs if you have insurance (hedge).
#LYXE #LYX
This Lukso fractal with slow rounded & stacked cup & handles while stair stepping up, paired with massive momentum volume, probably nothing...
Happiest Minds is a Leader in digital transformation IT consulting & services company focusing on Big Data, Analytics Cloud, Mobility & Security for better business development.
After the IPO in Sep 2020 the stock saw a Dream Run in less than 1 year to reach a Skyhigh milestone of 1600 from a mere 300 / stock. After this its been in a consolidation mode for...
SPELS Semiconductor is one of the first stock in India venturing into the Semi-Conductor space and with the recent push for Make-in-India scheme and the Growing demand of Semi-Conductor worldwide + the Anti-China policy (China+1) adopted by many countries, India has become a Favourite Hotspot for Semi-conductor manufacturing
Let's look at the Technicals of...
Tigerlogistics - A Small Cap company (having a market cap of Rs 833.27 Crore) operating in Logistics sector. The initial call on Tiger Logistics was given around 440. Today it surpassed 866 levels in Intraday resulting in a gain of nearly 97%
Technicals:
1) On Monthly - The Rally on Tiger started with a Cup and Handle BO above 290 levels. Further to this, it...
The Chemical Sector was looking Super Bullish when compared to the Nifty 50. Many Chemical stocks were hitting Sky high last week.
Pondy Oxides & Chemicals is a Multi-bagger stock which already gave me more than 2x-3x returns last year. I booked my profits and after brief gap I re-entered the stock again in Q3/Q4 2023 and now it has given me 55% returns so...
Nifty Media India is on the Verge of Break out. On Monthly timeframe - There is a Beautiful Cup and Handle Structure with an embedded Inv Head and Shoulder inside the Handle
With the Media Index brimming near breakout level - some of the Media stocks are also at same situation
B.A.G Films & Media - one such stock which has recently completed a 12 Year Breakout...
Yesterday after market close - we published chart of Nifty IT stating the IT Sector would snap the 5 day Fall and would bounce back today
Reasons for IT bounce:
Double Top neckline Support (not broken)
2 support lines from the Gap Up candle (one support at top of Gap and one at bottom)
Good rejection seen from DT neckline + both ends of Gap - and price...
