Tata Consumer is currently forming a classic cup and handle

Sep 13

Tata Consumer is currently forming a classic cup and handle pattern, with the key to confirmation lying in a close above the 1250 mark. Traders should watch for a decisive break above this level to validate the pattern and potentially signal a continuation of the bullish trend. A successful close above 1250 could pave the way for further gains, while a failure to break out or a close below this level might suggest a need for caution. Monitoring volume and price momentum around this resistance level can offer additional clarity on the strength of the breakout.