On_a_verge_of_a_BreakOut

Nifty Energy weekly chart shows that the index has formed a Cup and handle pattern and looking at the ratio chart of Nifty Energy viz. Nifty, in monthly TF one can see the ratio chart has given a fresh breakout and retest.
Nifty Energy index wee placed for a breakout and outperformance going forward
Ratio chart: CCNXENERGY/NSE




Disclaimer: Educational view