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Biocon Made Cup And Handle Pattern???

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  #1  
Old 11th December 2007, 02:47 PM
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Question Biocon Made Cup And Handle Pattern???

Iam Not Technical Analyst ...but From Traderji Iam Gaining A Lot..so Iam Attaching Chart Of Biocon...and Its Looks Like It Made Cups And Handle Formation On Weekly Chart..but Iwant To Confirm With Help Of Senior Members ...so Senior Plzz Help Me Out With Stoploss ,support And Target If "cups And Handdle" Exists In This Chart..it Will Be Great Help..
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File Type: zip BIOCON.BMP.zip (51.5 KB, 54 views)

Last edited by fire_gun; 11th December 2007 at 07:22 PM.
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  #2  
Old 11th December 2007, 04:03 PM
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Default Re: Biocon Made Cup And Handle Pattern???

plzzz check bmp file..where i marked on chart
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  #3  
Old 11th December 2007, 06:14 PM
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Default Re: Biocon Made Cup And Handle Pattern???

Quote:
Originally Posted by fire_gun View Post
plzzz check bmp file..where i marked on chart

hi fire gun,

pls see the chart.

i think Biocon already reached target


seniors pls guide.

regards
satish
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File Type: jpg BIOCON.jpg (49.7 KB, 42 views)
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  #4  
Old 11th December 2007, 07:10 PM
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Default Re: Biocon Made Cup And Handle Pattern???

Quote:
Originally Posted by sattimes View Post
hi fire gun,

pls see the chart.

i think Biocon already reached target


seniors pls guide.

regards
satish
plzz see bmp image...i marked cup and handle at another place..because most of the time i have seen that cup is made of round bottom.....
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  #5  
Old 11th December 2007, 07:15 PM
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Default Re: Biocon Made Cup And Handle Pattern???

Quote:
Originally Posted by fire_gun View Post
plzz see bmp image...i marked cup and handle at another place..because most of the time i have seen that cup is made of round bottom.....
hi fire,

from my understanding, cup shud be of U shape with the end where handle starts below or equal to the other end i,e from where cup formation begins,

in the pic u marked , second top gone above the previous,

just my views, pls get it checked with seniors

satish

Last edited by sattimes; 12th December 2007 at 09:29 AM.
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  #6  
Old 11th December 2007, 07:26 PM
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Default Re: Biocon Made Cup And Handle Pattern???

thanx ur views..senior members plzz help out
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  #7  
Old 11th December 2007, 11:13 PM
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Default Re: Biocon Made Cup And Handle Pattern???

Quote:
Originally Posted by fire_gun View Post
thanx ur views..senior members plzz help out
Cup and Handle Formation is already Over and the desired target of 650 is already achieved..
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  #8  
Old 12th December 2007, 10:57 AM
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Default Re: Biocon Made Cup And Handle Pattern???

ok... thanks alot for help
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  #9  
Old 13th December 2007, 04:00 PM
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Default Re: Biocon Made Cup And Handle Pattern???

well it did well crossed 600 marked without cup and handle
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  #10  
Old 13th August 2008, 11:48 PM
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Smile Re: MTNL is on the verge of making CUP & Handle

Hi,
MTNL is on the verge of making CUP & Handle Formation... Currently it is at the Handle Formation on daily chart .... I am not able to upload the chart...

Watch out..... if its successful it will reach a target of 135 rs in the coming days..

Happy Trading


regds
sachin
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