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Nifty Bank Index

INVERSE CUP AND HANDLE IN BANKNIFTY

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On an hourly time frame, one can observe an inverse cup and handle pattern in making. The break below 34900 can see a test towards 34600-34500 range. If that holds then it's good but if the pattern follows its theory, then we can see more downsides.BANKNIFTY
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BANKNIFTYChart PatternsTechnical IndicatorsTrend Analysis

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BANKNIFTYChart PatternsTechnical IndicatorsTrend Analysis
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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.