‹ All Posts
Sunil Kotak

19th Oct · SEBI-Registered Analyst

Big breakout of CUP and HANDLE Pattern on charts

Big breakout of CUP and HANDLE Pattern on charts This is nifty weekly chart We see positive price action We see positive Volume action (Higher than last 3 candles) RSI crossover above 60 We see a CUP and HANDLE pattern We see a Breakout to the pattern now All this factor indicating a very good momentum Price target for this pattern comes to 29000-29400. Possible in next 3-6 months. This view is valid till the time Nifty is above 25000. - Sector in focus banking - stock on radar

ICICIBANK
All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24

#WatchOutFor#TechnicalViews
Stockgro (18).png
638 likes·81 comments