### 🏦 \
🔍 **Pattern:** Cup & Handle
📈 **Breakout Level:** ₹306.50
🎯 **Target:** ₹324.05 (+5.6%) | Extended target: ₹347.35
📉 **Stop-loss suggestion:** Below ₹282.85
📊 **Volume:** Strong surge confirms breakout
🔁 **Structure:** Cup → Handle → Breakout
🧠 **Context:** Recovery after consolidation from 52-week high
🧾 **Insights:**
* Major cup formed post-downtrend with deep consolidation near ₹200
* Breakout from smaller handle within larger bullish structure
* Volume spike validates the bullish intent
* Multiple higher lows with strong buyer participation
📌 **Bias:** Bullish above ₹306.50
> Textbook breakout with volume confirmation. Watch for retest near ₹306–₹308 as buying opportunity.
\#JioFinancial #NSE #TechnicalAnalysis #BreakoutTrading #CupAndHandle #StocksToWatch
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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.
