mediassist chartMEDI ASSIST HEALTH SER LNSE:MEDIASSISTskg7777711 🔍 Chart Pattern Analysis The chart is showing a Cup and Handle pattern – a very bullish continuation pattern. The cup formed between March 2025 – July 2025. The handle is forming now (July – August 2025), and price is attempting a breakout around ₹567. 📈 Key Levels Immediate Resistance (Breakout Zone): ₹567–₹570 This is the neckline of the Cup & Handle pattern. A weekly closing above this zone will confirm a strong breakout. Next Resistances / Targets: ₹615–₹620 (short-term target after breakout) ₹670–₹680 (medium-term target) ₹750–₹770 (longer-term target if momentum continues) Support Levels: ₹535–₹540 (immediate support, handle base) ₹500–₹505 (strong weekly support, bottom of recent consolidation) ₹455–₹460 (major swing support) 🛡️ Stop Loss If entering near breakout levels (~₹562–₹570): Conservative Stop Loss: ₹535 (below handle low) Aggressive Stop Loss: ₹500 (major support zone) 📊 Risk-Reward Setup Entry: Around ₹562–₹570 (only on weekly close above ₹567). Stop Loss: ₹535 (risk ~₹30). Target 1: ₹615 (reward ~₹50). Target 2: ₹670 (reward ~₹100). Target 3: ₹750+ (reward ~₹180). ➡️ This gives a good Risk:Reward ratio of 1:2 or higher. ⚠️ Financial & Sentiment Context (General) Cup & Handle usually appears after an accumulation phase, indicating institutional buying. Breakout success depends on volume confirmation – if breakout above ₹567 happens with strong weekly volume, chances of rally are high. Broader market sentiment (NIFTY trend, sector trend) will also influence the follow-through. ✅ Conclusion: Bullish pattern developing. Watch for a weekly close above ₹567 with volume – this will confirm breakout. Short-term traders can aim for ₹615–₹620. Medium to long-term investors can trail stop-losses for ₹670–₹750 levels. Risk management is key: keep stop-loss below ₹535 to protect capital. this chart is only for learning purpose no any buy sell recommendation learn and do with your own risk management only and only you are self responsible for every risk