BANKNIFTY is creating cup and handle pattern in which cup has been formed and the handle is pending I am expecting a breakout on expiry of @1JULY till then bank nifty is not safe to trade for beginners or safe traders once the breakout is been rectify it will continue the bull rally the next resistance zone for bank nifty will be 35650-35800 or simply you can take the entry once bank nifty has breached the level of 35300 on 15min time frame after breakout the next level will be 35500 bank nifty will make halt on that level and it will act as pullback till banking sector comes in the lead
Comment:
35300 level breached
Comment:
cup nd handle is completed we can see a bull run on expiry