ICICI PRUDENTIAL FORMING COMPLEX CUP AND HANDLE PATTERN

4 Mar

The stock has been forming a beuatiful complex cup and handle pattern which exhibits mulitple handles or cups moreover it has been quite long consolidation phase for the stock . It has touched the crucial resistance level of 606 5 times and is expected to do so again in couple of weeks , upon reaching that it can give colossal breakout as the resistance level has been tested for multiple time making it susceptible to breakout . the target for the same is 607 and 822 levels