🚀 Cupid Ltd: Strong Weekly Volume Breakout! 🚀
📉 CMP: ₹141
🔒 Stop Loss: ₹88
🎯 Target: ₹220
🔍 Why Cupid Looks Promising?
✅ Rounding Bottom Breakout: Clear breakout on the weekly chart with strong volume support
✅ Volume Confirmation: High volumes indicate genuine buying interest and strength behind the move
✅ Big Stop Loss Strategy: Due to the nature of such breakouts, stocks often show large squats before continuing upward. Maintaining a big stop loss with controlled position sizing is critical to ride the trend.
💡 Strategy & Risk Management:
📈 Staggered Entry: Accumulate in phases to manage volatility
🔒 Strict SL: Keep stop loss at ₹88 and adjust position size to protect capital effectively
📍 Outlook: Cupid Ltd's technical setup suggests potential for significant upside, aligning with strong volume breakout patterns.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#CupidLtd #BreakoutTrade #VolumeBreakout #TechnicalAnalysis #SwingTrading #MarketInsights #InvestSmart
Let me know if you want breakout educational templates prepared for your upcoming weekend LinkedIn content plan.
📉 CMP: ₹141
🔒 Stop Loss: ₹88
🎯 Target: ₹220
🔍 Why Cupid Looks Promising?
✅ Rounding Bottom Breakout: Clear breakout on the weekly chart with strong volume support
✅ Volume Confirmation: High volumes indicate genuine buying interest and strength behind the move
✅ Big Stop Loss Strategy: Due to the nature of such breakouts, stocks often show large squats before continuing upward. Maintaining a big stop loss with controlled position sizing is critical to ride the trend.
💡 Strategy & Risk Management:
📈 Staggered Entry: Accumulate in phases to manage volatility
🔒 Strict SL: Keep stop loss at ₹88 and adjust position size to protect capital effectively
📍 Outlook: Cupid Ltd's technical setup suggests potential for significant upside, aligning with strong volume breakout patterns.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#CupidLtd #BreakoutTrade #VolumeBreakout #TechnicalAnalysis #SwingTrading #MarketInsights #InvestSmart
Let me know if you want breakout educational templates prepared for your upcoming weekend LinkedIn content plan.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.