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THREETREND RESEARCH

1st Jan · SEBI-Registered Analyst

HINDCOPPER
Cup and Handle and Rounding Bottom are bullish continuation or reversal patterns that indicate gradual accumulation and strength building in price. In a Cup and Handle pattern, price forms a rounded “cup” showing slow recovery after a decline, followed by a small consolidation or pullback called the “handle,” which shakes out weak holders before a strong breakout above resistance. A Rounding Bottom pattern, on the other hand, forms a smooth, curved base over time, reflecting a shift from selling pressure to steady buying interest. Both patterns highlight patience, long-term accumulation, and often lead to sustainable upside moves once price breaks above the key resistance level with volume.

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