Cup formation: ~₹214 (peak) → ₹174 (base) → recovery to ~₹200
Handle: Currently consolidating between ₹188.83–₹198.66
CMP: ₹194 (inside the handle zone + Bullish Order Block)
Key Levels to Watch:
Strategy Plan (Post-Handle Breakout):
Entry Trigger: Break and close above ₹198
Entry Range: ₹198–₹200 (confirmation zone)
Target 1: ₹207.23
Target 2: ₹214 Full pattern projection (depth-based target)
Stop Loss: Below ₹192 (tight) or ₹188.50 (safe, below OB)
Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any securities. Please do your own research or consult a financial advisor before making any trading decisions.
Handle: Currently consolidating between ₹188.83–₹198.66
CMP: ₹194 (inside the handle zone + Bullish Order Block)
Key Levels to Watch:
- ₹187.13 Old BOS; support base for cup
- ₹188.83–₹192.02 Bullish Order Block
- ₹194.14 CMP: mid-handle, decent entry zone
- ₹198.66 BOS zone – handle breakout confirmation
- ₹204.69 Minor resistance (Bearish OB)
- ₹207.23 Structural Breakout level
- ₹214 Full pattern projection (depth-based target)
Strategy Plan (Post-Handle Breakout):
Entry Trigger: Break and close above ₹198
Entry Range: ₹198–₹200 (confirmation zone)
Target 1: ₹207.23
Target 2: ₹214 Full pattern projection (depth-based target)
Stop Loss: Below ₹192 (tight) or ₹188.50 (safe, below OB)
Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any securities. Please do your own research or consult a financial advisor before making any trading decisions.
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.