“One of the most important price patterns looks like a cup with a handle.”
— How to Make Money in Stocks
William O’Neil called it the most important pattern in the book.
🔸A stock runs.
🔸It builds a cup.
🔸It shakes out one last time in the handle.
🔸Then the crowd notices.
#JSWINFRA just spent ~10 months doing exactly that on the weekly.
The rule that actually matters👇
✅Cup = sellers get absorbed.
✅Handle = weak hands get flushed.
✅Breakout = receipt.
O’Neil’s checklist on this one👇
• Weekly base
• U-shape, not a V
• Handle sitting in the upper half
• Volume already surged on the right rim
Pattern is built.
Trigger is not.
JSWINFRA WEEKLY
Neckline ~345.
CMP 343.15.
🔸Handle coiling under the rim.
🔸July volume: +291% on the right side of the cup.
🔸Recent weeks: quieter.
That’s the sequence you want, demand first, contraction next.
💡Confirmation = weekly close through the handle with volume.
Until then, it’s a setup. Not a trade.
Question that separates watchers from chasers👇
Do you study the base while it’s boring…or only after everyone else posts the breakout candle?
Drop “WATCHING” if this weekly cup is on your list.
Drop “AFTER” if you usually arrive late.
#nifty #nifty50 #sensex #banknifty