NESTLEIND |Cup & Handle Breakout | Daily

This chart of **Nestle India Ltd** shows a **Cup and Handle** breakout pattern — a strong bullish continuation signal.

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### 🟢 **Cup & Handle Breakout – Nestle India Ltd**

#### **Pattern Highlights:**

* **Cup Formation:** Long rounding bottom from Nov 2024 to April 2025.
* **Handle:** Minor consolidation and dip in May 2025.
* **Breakout Point (Neckline):** ₹2,438.45
* **Target Projection:**
Height of cup ≈ ₹305
📈 Target = ₹2,438 + ₹305 = **₹2,745** (marked)



### ✅ Key Takeaways:

* **Breakout is with volume**, confirming strength.
* **Next resistance zones**: ₹2,745.60 and ₹2,768.60.
* **Supports post-breakout**: ₹2,438 (neckline).

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