Cup and handle pattern formed , which is quite basic but the main reason for the trade is that it seems share is being acccumulatrd at every level and has not yet shown any specific upmove in any rally of nifty. so break out is awaited and tgt has been mentioned.
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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.