📊 VISHNU PRAKASH R PUNGLIA LTD (VPRPL) – NSE | Daily Timeframe
📅 Date: May 29, 2025
📈 CMP: ₹190.49 (−0.41%)
📌 Ticker: NSE:VPRPL
🧠 Technical Overview
✅ Cup & Handle Pattern in Formation 🍵
Price action is carving out a clean Cup & Handle base near the ₹195.80 resistance zone. A breakout above this neckline could ignite a fresh upside rally. The symmetry, volume spike, and recent bullish structure are all supporting potential continuation.
🧪 Volume Analysis
Noticeable volume increase as the price nears breakout zone, indicating accumulation and rising interest.
📍 Key Levels to Watch
🟡 Breakout Resistance:
₹195.80 (horizontal neckline)
🟢 Support Zone:
₹174.50 (base support of the cup)
₹165 (lower handle risk zone)
🎯 Potential Targets (Post Breakout):
₹220
₹240
₹265 (pattern-measured target zone)
💡 Trade Plan
Entry (on breakout): ₹196+ (with strong volume confirmation)
Stop Loss: Below ₹174
Target Range: ₹220–₹265
Risk-Reward: ~1:2.5+
⚠️ Disclaimer
This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.
📅 Date: May 29, 2025
📈 CMP: ₹190.49 (−0.41%)
📌 Ticker: NSE:VPRPL
🧠 Technical Overview
✅ Cup & Handle Pattern in Formation 🍵
Price action is carving out a clean Cup & Handle base near the ₹195.80 resistance zone. A breakout above this neckline could ignite a fresh upside rally. The symmetry, volume spike, and recent bullish structure are all supporting potential continuation.
🧪 Volume Analysis
Noticeable volume increase as the price nears breakout zone, indicating accumulation and rising interest.
📍 Key Levels to Watch
🟡 Breakout Resistance:
₹195.80 (horizontal neckline)
🟢 Support Zone:
₹174.50 (base support of the cup)
₹165 (lower handle risk zone)
🎯 Potential Targets (Post Breakout):
₹220
₹240
₹265 (pattern-measured target zone)
💡 Trade Plan
Entry (on breakout): ₹196+ (with strong volume confirmation)
Stop Loss: Below ₹174
Target Range: ₹220–₹265
Risk-Reward: ~1:2.5+
⚠️ Disclaimer
This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.
Đã hủy lệnh
Entry (on breakout): ₹196+ is not done or we can say sustain and also yesterday result was really bad!Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
