NIFTY:Cup&Handle Break Out-Bull Run

99
NIFTY : Trading at 25700+ Levels.
Trading above all its critical moving averages even in weekly charts(20/50/100/200) showing the momentum
Has formed Cup&Handle formation in weekly chart indicating a possible upside of another 800-1000 Points .Daily chart also confirms the momentum by formation of Inverted Head &shhoulder pattern.
Seems any reasonable dip is likely to be bought .23400 shall be considered as the major support point for any trend reversal.(For educational purpose only)

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