The chart shows a classic Cup & Handle pattern
The cup is wide and smooth – a strong long-term accumulation pattern.
The handle is small, healthy, and formed near resistance → a sign of strength.
These patterns on the weekly chart typically lead to multi-month rallies.
The chart structure is strongly bullish unless Nifty falls below 25,500.
The cup is wide and smooth – a strong long-term accumulation pattern.
The handle is small, healthy, and formed near resistance → a sign of strength.
These patterns on the weekly chart typically lead to multi-month rallies.
The chart structure is strongly bullish unless Nifty falls below 25,500.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.