Day Trading Stocks & Futures

[Romeo1998]

Does Bajaj Holdings fit into Cup and Handle pattern (april to november)?

yes nice beautiful cup and handle

 

[Romeo1998]

again nice trendline setup forming in nifty spot, reward is 53 and risk is 39, so R:R is 1.35

 

[timepass]

yes, its a cup with a high handle.

cup with high handle !!!

 

[primitivetrader]

experimental play.
Indhotel - long taken with a very small risk. results are today.

 

[primitivetrader]

cup with high handle !!!

it's a good practical pattern. not much has been written about it.
the original pattern is CUP only without a handle. but at times price drifts sideways after the BO of the cup which could be due to weak general market trends or macro/stock-specific stock news.
this drift is what creates the high handle. retesting the high of cup as stock is relatively stronger than the market, it holding the gains.

 

[Romeo1998]

 

[Romeo1998]

bearish trendline setup was also there, but didnt see it

 

[vivektrader]

"Low cheat" area which I could capture.

 

[vivektrader]

Cup and Handle with shakeout pattern (in ellipse), I missed this one.

 

[timepass]

Guys, what is the DeMark reading for Nifty and Banknifty at present ?