Banknifty = Cup and Handle Pattern Long

Nifty Bank IndexNSE

Description

⋅ Mar 23, 2021 12:50 PM

I can see a cup and handle formation and 33350 is the resistance which has become weak due to multiple tests, if broken can retest 34650 followed by 34750 level.

Comments

vinoth_ragunathan

⋅ Mar 23, 2021 1:16 PM

target for this ?

aman_saha

⋅ Mar 23, 2021 1:50 PM

@vinothsmart91, I had already mentioned it in the description.

Target 1 - 34650
Target 2 - 34750

If market opens big gap up, wait patiently, don't rush, let there be a consolidation/pattern breakout to trade with low risk entry.