Cup and Handle pattern on BankNifty.
Updated
BANKNIFTY
It will be wonderful if this pattern completes the rest by tomorrow. There is some relation to the previous highs and tomorrows resistances and some pivot points.
Though it has a high percentage of possibility to happen.
(This is only my perspective. Do your own analysis and confirm before making any decision.)
Note
Market open against the trend, opened with a Gap-up and rallied. The pattern formation not completed so im marking this idea as INVALID.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.