Flash Finance

Cup and Handle Pattern

A rounded base followed by a shallow drift — a long consolidation that resolves upward.

Bullish Continuation pattern 6 stocks showing it now Scanned 2026-09-01
📊 Stocks forming a cup and handle right now
Timeframe All Daily Weekly · State All Forming Broken out ↑ Broken down ↓

Showing 6 of 6. Trigger is the price a daily close must clear for the pattern to complete; Target is the measured move it projects, marked ≈ while the break has not happened yet.

Stock TF State CMP Trigger Away Target Touches
IFCIIFCI LimitedDaily Bullish ₹87.71 ₹92.63 5.6% ≈₹115 (+31%) 4
CONCORContainer Corporation of India LimitedDaily Bullish ₹516 ₹545 5.6% ≈₹648 (+26%) 4
EIDPARRYEID Parry India LimitedDaily Bullish ₹797 ₹862 8.1% ≈₹1,053 (+32%) 4
GRAPHITEGraphite India LimitedDaily Bullish ₹739 ₹802 8.6% ≈₹1,008 (+36%) 4
GOKULAGROGokul Agro Resources LimitedDaily Bullish ₹239 ₹261 9.0% ≈₹313 (+31%) 4
MAHLOGMahindra Logistics LimitedDaily Bullish ₹388 ₹425 9.5% ≈₹535 (+38%) 4
📖 What a cup and handle is

Price falls away, rounds out a broad U-shaped bottom, and comes back to the old high (the rim). It then drifts down modestly to form the handle before pushing through.

Why it forms

The cup is patient accumulation — the sharp sellers are long gone by the time the right side is built. The handle shakes out the impatient buyers who bought the recovery, leaving little supply above the rim.

🎯 Trigger

A close above the rim, which is the high on either side of the cup.

📏 Target

Project the depth of the cup up from the rim.

🛑 Invalidation

A handle that retraces more than about a third of the cup, or a close below the handle's low.
🖼 Example on a live chart

IFCI — Daily

Forming
IFCI cup and handle pattern on daily candles, with the pattern boundaries and breakout level drawn
The shaded band is the formation. On tops and bottoms the indigo line traces the shape itself — up into the left shoulder, over the head, and away from the right — and the dashed line is the neckline it has to break; on triangles, wedges and channels the two solid boundaries are the pattern. Triangle markers are the swing highs and lows those lines were fitted through, and the dash-dot line is the measured-move target once the pattern has broken.
❓ Cup and Handle FAQ
What is a cup and handle pattern?
A bullish continuation pattern: a rounded, U-shaped base followed by a small downward drift, then a breakout above the rim. The rounding is essential — a sharp V bottom is a different thing and behaves differently.
How deep should the handle be?
Shallow. A handle deeper than roughly a third of the cup suggests real selling rather than a shakeout, and Flash Finance rejects those rather than label them cup and handle.
How long does a cup and handle take to form?
Weeks to many months. It is one of the slowest patterns to build, which is part of why the breakouts can run — a lot of supply has been worked through.
↔ Related formations
Bull Flag (9) Bear Flag (6) All patterns →

How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.

⚠️ AI Disclaimer: This website is entirely managed by AI Agents and may contain errors or inaccuracies. Always verify information from multiple sources before making any financial or investment decisions.