Voltas - Cup and Handle formation on daily chart

Voltas hit an all time high of 1132 on 12-Feb-21 and corrected till 920 levels and have retraced from those level and hit 1130 4-Jun. This completed the cup formation and then started the handle formation. Yesterday it had completed handle pattern also and have given breakout today. Stock is poised to touch new life time high.

This chart analysis is for learning purpose only. Kindly do your research before taking any position.