IPCALAB, Inverted Cup & Handle Pattern {Chart# 548}
IPCALAB has formed beautiful inverted Cup & handle pattern which is bearish in nature. It has closed at neck line (around 900) and can give breakdown in next trading session. This is intraday trade until it closes below 890 in next trading sessions. Best move possible if Nifty opens gapup & moves down in the initial first half.