NIFTY50 forming Cup and Handle @ 15min

Telah dikemas kini
Nifty50 is forming a Cup and Handle formation on the 15min chart, if it breaks the previous high with forceful volume it could goto 23350 or to the channel top around 22750-22800. Volume is the key. So watch out.

Disclosure: i hold various stocks that at part of the nifty, no position in the index future or options.

This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.

This is purely a technical chart observation, please check the fundamentals before investing.
Dagangan aktif
Upwards breakout confirmed next level top of channel 22800
Dagangan ditutup: sasaran tercapai
Idea made it move to 22800 and reversed, and has moved below previous double top breakout, so this idea has run its course, time to recheck the patterns
Chart PatternscupandhandlepatternTechnical IndicatorsniftytrendTrend Analysis

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