Tag: Cup and handle
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Larsen & Toubro Cup and Handle Pattern Signals Bullish Breakout Potential
What Does the L&T Cup and Handle Pattern Mean? Are you watching Larsen & Toubro (L&T) stock? The formation of a cup and handle pattern indicates a potential bullish breakout could be on the horizon. This pattern is a favorite among technical traders as it signals a possible continuation of an existing uptrend. Read more…
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Chartink Insights: CEAT Tyre Share Price Formation and the Cup and Handle Pattern
CEAT Tyre Share Price and the Cup and Handle Pattern. The market presents numerous trading patterns, including continuation and mean reversal. Continuation involves following or riding the trend, and one such dependable pattern is the cup and handle. Also known as the volatility contraction pattern, it features shallower dips with each successive pullback, indicating absorption…