TECHM | Cup and Handle | Breakout | Daily

### 🏆 Pattern: **Cup & Handle Breakout**

* **Cup Formation**: Rounded bottom from Jan to April 2025.
* **Handle**: A bullish flag/pennant formed after the initial breakout near ₹1640 zone.
* Breakout is now **confirmed** with price pushing past the handle resistance.

---

### 📈 Price Target:

* Cup depth = ₹394.60
* Breakout level = ₹1640
* **Projected Target** = ₹2033
→ **24% upside** from breakout zone

---

### 📊 Volume & RSI Confirmation:

* **Volume** increased on breakout = Bullish conviction ✅
* **RSI** broke out of falling wedge and is rising again toward overbought = momentum strength ✅

---

### 🎯 Summary:

> TECHM is breaking out of a **classic bullish Cup and Handle** with strong volume and RSI confirmation. As long as price sustains above ₹1640, the next leg towards ₹2030 may be in play.

---