📊 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.
הפקודה בוטלה
Entry (on breakout): ₹196+ is not done or we can say sustain and also yesterday result was really bad!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.