#PREMEXPLN 🚨 Cup & Handle Breakout Hua | Trend Reversal Ka Zabardast Signal
Expecting 30%++ returns in this stock
Analysis:
Yeh chart ek Cup & Handle breakout pattern dikhata hai — jo ek strong bullish reversal signal mana jata hai. Stock ne lambe downtrend ke baad ek rounded bottom banaya, ₹500 ke neckline level ko todkar upar nikla hai.
Trendline Break: Long-term downtrend line ko tod diya gaya hai — reversal ka clear sign.
Cup Formation: Kaafi mahino tak accumulation hua, jisme rounded cup pattern develop hua.
Breakout Confirmation: ₹500–₹510 zone ke upar breakout ke sath volume bhi achha tha — breakout valid hai.
Target Levels: Price pehle hi ₹606 tak gaya hai aur ab ₹678 ki taraf move kar raha hai — jo cup ka depth projection target hai.
Trade Setup:
Entry: Best entry ₹510 breakout pe thi.
Target: ₹606 (achieved), ₹678 (target in progress).
Stop-loss: ₹500 ke neeche ya phir trailing SL rakh sakte ho.
Outlook:
Structure kaafi bullish hai. Agar ₹678 ka level breakout karta hai, toh aur bhi upside ki possibility khul sakti hai.
#NIFTY50 #NIFTYBANK #CUPANDHANDLE #BREAKOUTTRADING #TRENDREVERSAL #TECHNICALANALYSIS #CHARTPATTERN #SWINGTRADING #PRICEACTION #VOLUMEANALYSIS #TRENDLINEBREAK #PATTERNBREAKOUT