Tata Consumer
TATACONSUM Cup and Handle Pattern Breakout
The Cup and Handle is a bullish continuation pattern that signals a potential breakout and uptrend continuation. It consists of two parts:
Cup Formation – A rounded bottom resembling a "U" shape, indicating a consolidation phase.
Handle Formation – A small downward drift (pullback) after the cup, showing temporary resistance before the breakout.
Stock chart is an example of cup and handle pattern breakout chart is attached for your study purpose.
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