Nifty Bank Index

Long

BANKNIFTY - 1H TF

Updated

Cup & Handle formation on Hourly Chart of BANKNIFTY. BUY 19500, SL 18690, Target - 21000. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.

Trade closed: target reached

Note

Banknifty future gave buying opportunity the very next day, same pattern in future chart. You could've easily traded this pattern from 19500 till the target of 21000.

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