-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. -NSE:NIFTYTechnical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.