Aayush_Raghuwanshi

Cup & Handle Pattern

Long
NSE:NIFTY   Nifty 50 Index
-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.
- NIFTY Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
Comment:
First Target reached 19000.
Comment:
2nd Target is at @21100
Comment:
21100-21250

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