Witnessed Cup Pattern for Nifty. Its found on Dec’18
kindly let me know if this is correct .
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Witnessed Cup Pattern for Nifty. Its found on Dec’18
kindly let me know if this is correct .
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Hi,
The cup pattern is a long term chart pattern which in some instances could take even more than a year to form and it takes a long-time consolidation during the bottom… In the above chart, during the bottom the stock has been traded higher top, higher bottom formation so, I wouldn’t consider it as a cup pattern.