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imkhushal

Cup and Handle Pattern

Long
JIO FIN SERVICES LTD (NSE:JIOFIN)  
imkhushal Updated   
NSE:JIOFIN   JIO FIN SERVICES LTD
Wave Analysis Chart Patterns Trend Analysis jiofinanalysis cupandhandlepattern cupandhandlebreakout Contains image
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waveanalysis chartpattern trendanalysis jiofinanalysis cupandhandlepattern cupandhandlebreakout containsimage

  • ]A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.

  • A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
  • Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
Comment:
The author is not a SEBI registered analyst.
Readers are advised to consult their financial advisors for investment-related
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