Blue Jet Healthcare (Weekly) – Cup & Handle Breakout Analysis

resistance, and scope for measured move expansion. 1. Pattern Identification Large Cup Formation developed from August 2025 to June 2026. Left rim near ₹500–510. Rounded bottom formed around ₹330–350. Price has now returned to the rim area and is attempting a decisive breakout. Small handle/consolidation developed near resistance before the current breakout candle. 2. Breakout Zone Major resistance: ₹500–510 Current weekly close: ₹510.70 Stock has closed above the breakout level, indicating a valid breakout attempt. A weekly close above ₹510 is important confirmation. 3. Measured Move Target Cup depth: Rim ≈ ₹510 Bottom ≈ ₹330 Depth ≈ ₹180 Measured move: ₹510 + ₹180 = ₹690