Cup & Handle Pattern
Updated
-A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
-A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
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NIFTYTechnical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
-A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
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NIFTYTechnical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.Note
First Target reached 19000.Note
2nd Target is at @21100Note
21100-21250
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