Cup and handle formation is a very reliable pattern for undertaking the stocks with long-term investing.
Understanding this pattern will help you to spot this pattern which we have beautifully marked in the screenshot for you.
You need to have an eagle-eyed to be able to spot the same and visualisation is one aspect and if you are good at it you will be able to spot it among the clutter.
Since the stock is in the bear group the strategy is to buy a certain quantity of shares with every 100 rupees for or with every hundred rupees rise. Do not buy this stock in bulk because the present strength in the stock is on the downside and now is showing an up move.
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