The stock is showing strong bullish signs across multiple timeframes:
☕ On the daily chart, it's forming a classic Cup and Handle pattern – a reliable bullish continuation signal.
🔵 On the weekly timeframe, a rounding bottom is clearly visible, adding strength to the longer-term structure.
📍 Neckline: ₹246
🎯 Potential Targets: ₹250 → ₹260 → ₹270
🛡️ Stop Loss: Below recent swing low for risk control
A breakout above ₹246 could trigger a strong move, supported by both pattern formations and structure across timeframes.
Not financial advice – just sharing my analysis.
☕ On the daily chart, it's forming a classic Cup and Handle pattern – a reliable bullish continuation signal.
🔵 On the weekly timeframe, a rounding bottom is clearly visible, adding strength to the longer-term structure.
📍 Neckline: ₹246
🎯 Potential Targets: ₹250 → ₹260 → ₹270
🛡️ Stop Loss: Below recent swing low for risk control
A breakout above ₹246 could trigger a strong move, supported by both pattern formations and structure across timeframes.
Not financial advice – just sharing my analysis.
Trade active
Broken the neckline
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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.