NIFTY - Cup & Handle Pattern

Current Market Structure
Strong higher-lows + basing under resistance behaviour (very bullish).
50-week EMA is cleanly sloping upward — major sign that big money is accumulating, not distributing.
RSI is neither overbought nor weakening → still has room.
Price is pressing against last major supply zone — 25,900 / 26,200 as final resistance before open sky.

Levels That Matter Right Now (Weekly)
Zone Meaning
26,000 – 26,300 Final resistance before breakout
25,200 – 25,400 Strong demand zone → ideal retest buy zone
24,300 First major trend-break warning (only if closed below weekly)
23,300 Trend failure → cycle inversion risk zone

My Forecast — As an Aggressive Objective Weekly Options Trader
Time Horizon Expectation
28 OCT 2025 Weekly Expiry Highly probable expiry above 26,000 unless macro shock.
Sideways grind → bullish bias.
Next Monthly Expiry 26,500 – 27,000 zone achievable if breakout sustains early.
Will we hit 30,000? YES — extremely likely in 2026Q1 if breakout is clean and no
LTC crisis / geopolitical accident.
If 26,300 breaks on a wide-range weekly candle with massive volume, 30,000 can hit even before Union Budget 2026.