Inverted Cup and Handle pattern formed

Indian Housing 4H Chart Clearly shows a Inverted Cup and Saucer pattern

The stock can go a up around 196-205 levels and start correcting.

And it Can fall up to 160 levels. 12-16% fall can be expected

Will update on the idea, once it gives a clear signal.

*Oops typed cup and saucer on the chart. Its handle :D

Comment:

We are so Close to 160 levels. if this 170 levels fails to hold. Buy can be executed at 160-168 and ride till 240 levels.

Happy Trading My friends. Hope you find my chart useful.

Comment:

Wow the Fall is so big than expected.

Lets see if it holds 115 levels