Cup with handle BO in $NSE:SBILIFE

SBILIFE

Pattern details:

• Sideways trend before forming Cup with handle pattern
  
• Cup with ~20% correction and length of cup 26 bars
  
• Handle length is 9 weeks and ~6% correction.
  
• Volume needed to increase the success probability
  

PAT for the quarter ended 30 June 2023 at 381 cr, 45% growth Y-o-Y

LEMONTREE 's and TATAPOWER 's patterns are still in progress

Disc - invested, for educational purposes only

Trade wurde manuell geschlossen:

Nifty has made a bearish move today. Moving into cash for now.