A Cup and Handle is visible in the Nifty 1 hour Chart...

Setup - Completion of a Cup and Handle pattern.
Condition for Entry- A decisive break and close above the resistance level (the "rim" of the cup).
This confirms the pattern's breakout.
Entry Price - Enter long (buy) on a confirmed breakout above the rim resistance
(approximately 25,350 to 25,400 based on the chart).
Price Target - The conventional target for a Cup and Handle pattern is measured by
taking the depth of the cup and projecting it upwards from the breakout
point. The chart marks the depth as 775.10. Therefore, the target would
be: Breakout Price + Depth of the Cup. Example: If the breakout is at
25,350, the target is 25,350 + 775 = 26,125.
Stop-Loss (Risk Management) -
Place the stop-loss order below the lowest point of the "handle". This
ensures the trade is cut short if the breakout fails and the price reverses
into a downtrend.
Timeframe - This is an Hourly (1H) chart, so the trade would be suitable for a swing
trader or a short-term position trader, potentially lasting days to a couple
of weeks.