“DMart – Cup & Handle Breakout in Action”

📊 Technical View 1️⃣ Pattern Formation: A long base building from Sept 2024 → Aug 2025. Stock has formed a cup & handle pattern with breakout above ₹4,540. Currently trading at ₹4,771.70 → comfortably above breakout level. 2️⃣ Volumes: Noticeable rise in volumes on breakout → confirms strong institutional participation. 3️⃣ Key Levels: Breakout Zone: ₹4,540–4,550. Immediate Target Zone: ₹4,950–5,100 (measured move from handle). Medium-Term Target: ₹5,300+ if momentum sustains. Support Levels: ₹4,550 (breakout retest) and ₹4,350 (handle base). 🚀 Learning Takeaway Cup & Handle is a continuation & accumulation pattern → usually seen before strong upside rallies. Breakouts with volume confirmation add higher conviction for positional traders.