Bankifty Cup Ready Handle is under getting Ready.

Updated
Bank nifty was under performing for Longer time. To push nifty upside we need some support from Bank nifty to bring 10300/10500 Levels. ICICIBANK Posted result on weekend. We have to wait and watch does ICICIBank make the Cup & Handle formation full or not.

Scenario 1: Long with Recent Low as stop loss (Based on Monday opening)

Scenario 2: Short below Friday low with 22700 As stop for 22000 Target.
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Strong resistance zone snapshot
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At channel support Breaking support will make it to bleed

snapshot
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BANKNIFTYbankniftytradesetupbankniftytrendTrend Analysis

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