Pattern: Cup & Handle breakout after 10+ months of consolidation
RSI: Above 65 and trending higher → strong momentum
Trend: Price trading above EMA50 and major moving averages
Volume: Picking up, confirming breakout strength
📈 A sustained move above ₹3,000 zone can open the way for the next leg of rally.
Bias: Bullish as long as it holds above breakout level.
Disc: for study, not a recommendation. DYOR
RSI: Above 65 and trending higher → strong momentum
Trend: Price trading above EMA50 and major moving averages
Volume: Picking up, confirming breakout strength
📈 A sustained move above ₹3,000 zone can open the way for the next leg of rally.
Bias: Bullish as long as it holds above breakout level.
Disc: for study, not a recommendation. DYOR
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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.