Chart Pattern: Cup and Handle Formation
CMP: ₹101.33
Technical Structure: Classic bullish Cup & Handle breakout setup in progress
Volume: Noticeable rise in volumes at breakout zones
Momentum: RSI & moving averages support the trend continuation
📊 Technical Levels (Positional Setup)
Support Zones: ₹95 / ₹90
Breakout Zone: ₹101–104 (once cleared, confirms the breakout)
Targets Post Breakout:
🎯 T1: ₹115
🎯 T2: ₹125
🎯 T3: ₹135
Stop Loss: Below ₹90 (closing basis)
CMP: ₹101.33
Technical Structure: Classic bullish Cup & Handle breakout setup in progress
Volume: Noticeable rise in volumes at breakout zones
Momentum: RSI & moving averages support the trend continuation
📊 Technical Levels (Positional Setup)
Support Zones: ₹95 / ₹90
Breakout Zone: ₹101–104 (once cleared, confirms the breakout)
Targets Post Breakout:
🎯 T1: ₹115
🎯 T2: ₹125
🎯 T3: ₹135
Stop Loss: Below ₹90 (closing basis)
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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.