Volumes need to be big at the time of breakout in case of a cup and handle. That is present in case of Delhivery. In fact if you look at weekly candle at breakout, it is a huge (price wise) candle with big volumes which are multiple times the volumes in the past nearly 8-10 weeks. High and low of that candle should be important levels to watch out for going ahead. You have marked arrows on bearish candles with high volumes. Try putting in arrows on bullish candles with high volumes . In fact of late the bullish candles have higher volumes.
High volumes in bearish candles at bottom of cup indicates sell off that ultimately got absorbed since the prices went up after that.
Its all about how you want to look at things and interpret. Cup half empty, or half full. ?
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