NIFTY | Cup & Handle in hourly chart Long

Nifty 50 IndexNSE

Description

⋅ Oct 23, 2020 11:27 AM

NIFTY | Cup & Handle in hourly chart. Consider taking with spread instead of buying naked options for positional.

CMP : 11930

Comments

lathasunesan

⋅ Oct 24, 2020 8:24 AM

This is not cup and handle pattern. Cup ok but handle pattern is wrong. Please analysis

srikartiram

⋅ Oct 24, 2020 10:35 AM

@lathasunesan, I just visualized this way :) 11880 to 11900 as support zone. Taking the Bull call spread one lot, and selling OTM put one more lot - Weekly Expiry

MarimuthuSuppaya

⋅ Oct 24, 2020 7:40 AM

Awesome!