BankNifty to touch 50000 By Nov Dec 2022 #CapAndHandle

NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty has formed Cup And Handle pattern.

If Bank Nifty closes above 41700 on daily closing, it will move towards 50000. Global cues should support.

Price range of Cup coming as 9000 so 41700 and 9000 cup range will gives target of 50000+


Nifty has formed Bullish Head and Should so Nifty will also help in upmove


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