Cup & Handle pattern breakout visible on higher timeframe (1W).
Price has retested the breakout zone around ₹1325 and given a strong bounce with volume.
Key Points:
🔹 Multi-year Cup & Handle formation
🔹 Breakout + successful retest
🔹 Strong momentum candles after retest
🔹 Next potential zone: ₹1650 – ₹1750 (if momentum continues)
Support: ₹1325
Short-term trend: Bullish
Structure: Higher highs – Higher lows
Not a recommendation. Just sharing my chart study.
Price has retested the breakout zone around ₹1325 and given a strong bounce with volume.
Key Points:
🔹 Multi-year Cup & Handle formation
🔹 Breakout + successful retest
🔹 Strong momentum candles after retest
🔹 Next potential zone: ₹1650 – ₹1750 (if momentum continues)
Support: ₹1325
Short-term trend: Bullish
Structure: Higher highs – Higher lows
Not a recommendation. Just sharing my chart study.
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.
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.