SkyTrees

NIFTY Cup & Handle

Long
NSE:NIFTY   Nifty 50 Index
Classic cup & handle pattern has developed and has recently retested the cup & trendline after a minor breakout.

This would be an equivalent of a %4.31 move.

Considering how the markets have been performing lately, this seems to be a given.

Tight SL here to managed your losses, but the P/L ratio is healthy.

This would take NIFTY to ATH.

Let me know what you think.

GOOD LUCK!
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