Is it a Cup Pattern in Nifty?

NSE:NIFTY   Nifty 50 Index
Nifty has break all its major resistance levels and trying to test its major high levels.
With Technical levels it looks like it is trying to make a Cup with Handle Pattern. So Be cautious with your trades.
This Diwali we might see the new levels of Nifty . But still who know the bad news.
So have a strict SL of 11470-11490 Range.
Or buy if it gives opportunity at such SL levels with the Support of 11395 Levels.
For the New Target of 11900 and 12200 levels in the coming weeks

Trade active: Nifty has confirmed its Cup & Handle Pattern and now will be moving ahead towards 11900 and 12000 levels. With Trailing Support at 11770-11780 levels.
Trade closed: target reached: Target hit in Nifty


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