How to make a winning trade through Cup and Handle !!!

26. Aug. 2021

• Infoedge the owner of Zomato has been consolidating for 7 months.
  
  - The stock has formed a cup and handle formation
  - Cup pattern took 7 months &
  - Handle pattern took 1 month for the formation
  - The stock has given a breakout and moved out of the range with good volume.
  - Additionally, the stock is trading above 50 SMA.
  
  -Globally markets are choppy and the pattern can fail with the market. Thus one should keep a stop loss.
  -The post is for educational purposes. :)
  Happy trading.