nifty cup & handle Education

Nifty 50 IndexNSE

Description

⋅ Jun 25, 2020 9:39 AM

⋅ Jun 26, 2020 3:45 AM

opened above pink line

Comments

EagleEyeTrading

⋅ Jun 25, 2020 3:18 PM

first of all this is not look like any cup and handle my friend . and 2nd cup and handle is the shit doesn't work in 15M TF ..

UnknownUnicorn6418960

⋅ Jun 25, 2020 3:23 PM

@EagleEyeTrading, :) LETS SEE WHAT IT DOES IF IT HEADS FOR UPPER RED LINE THEN WE CAN EXPECT SOME

Veekay1985

⋅ Jun 26, 2020 2:51 AM

Cup and handle is a continuation pattern and the previous trend is downtrend in your chart... First condition itself is not fulfilled

rajiv_n

⋅ Jun 25, 2020 2:15 PM

@WILYTRADER2020 Thanks for the analysis, can you please explain this. Should we wait for 10361 to initiate long position

UnknownUnicorn6418960

⋅ Jun 25, 2020 2:35 PM

@rajiv_n, it will have to touch upper red line first then let candle close above pink line too use 45 minute candle then long

ng9999

⋅ Jun 25, 2020 2:54 PM

@WILYTRADER2020, oderwise ... wat can b downside target den???

UnknownUnicorn6418960

⋅ Jun 26, 2020 3:46 AM

@ng9999, opened above pink line

rajiv_n

⋅ Jun 26, 2020 6:49 AM

@WILYTRADER2020, can you pls confirm if the condition fulfilled now for long.

UnknownUnicorn6418960

⋅ Jun 26, 2020 7:27 AM

@rajiv_n, no market is choppy no trend :(