Cup and Handle pattern in Hindustan Aeronautics limited(HAL)

Hindustan Aeronautics Limited(HAL) has formed Cup and handle pattern in the weekly timeframe. Though it has managed to close above the trendline for the week, it formed a Doji candle. One can wait for confirmation in the Daily/Weekly timeframe before entering into the trade.

Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.

Happy Trading.