NSE:ONGC   OIL & NATURAL GAS INR5
29 3 1
it is in cup and handle form
SHORT TERM IT CAN MOVE UPWARD
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Just wanted to mention that Cup with handle is a continuation pattern that means it should have a trend first thereafter formation of the pattern and the move afterwards. Price should move at least 30% before the pattern starts. Please refer the book Encyclopedia of Chart Patterns by Thomas N. Bulkowski a great book to learn classical chart pattern. With best wishes
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sag123 praveen.bhatiya
thank u for information I am learning charts
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