Waaree Renewable Technologies is forming a bullish Cup and Handle pattern, signaling a potential breakout! The stock has shown strong accumulation and is now consolidating in a handle formation.
📍 Resistance: ₹3000
🎯 Target: ₹3250–₹3660 (based on pattern depth)
🔔 Watch for breakout with volume!
The Cup and Handle pattern in Waaree Renewable Technologies Ltd suggests a bullish continuation, pending a breakout above ₹3000 with increased volume. Traders should watch for confirmation signals before entering positions.
📍 Resistance: ₹3000
🎯 Target: ₹3250–₹3660 (based on pattern depth)
🔔 Watch for breakout with volume!
The Cup and Handle pattern in Waaree Renewable Technologies Ltd suggests a bullish continuation, pending a breakout above ₹3000 with increased volume. Traders should watch for confirmation signals before entering positions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.