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mkul1808

Banknifty Cup and Handle formation for Long

Long
Nifty Bank Index (NSE:BANKNIFTY)  
mkul1808  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Banknifty BANKNIFTY1! has formed a nice cup and handle pattern at 1 hour chart, BN current price is 35360. in my opinion, BN can be bought at CMP for a target of 36000, with a stop loss of 34800, Risk to reward is 1:1. Thank you for reading.
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