CUP AND HANDLE IN J & K BANK- EDUCATIONAL PURPOSEJammu & Kashmir Bank Ltd.NSE:J&KBANKmgvirus1Stock made high of 173.17 in May 2014, after that it crashed down and made low of 10.51 in March 2020 (-94% correction in 6-7 years) . Then it entered consolidation phase till Dec 2022 and it started rising and touched previous high in June 2026 and now breakout is seen. It also confirms higher high – higher low structure which indicates uptrend. Beautiful cup and handle pattern is seen on weekly chart. Long position can be initiated on retest level near 164 TARGET : 324 (97 %) (FIBO) STOP LOSS : 164 (- 8.5 %) (ON WEEKLY CLOSING BASIS) RR RATIO : 1:11.9 TIME HORIZON : 5 YEARS (TILL JULY 2031) ONLY FOR INVESTMENT PURSPECTIVE, NOT FOR SHORT TERM TRADING