What we can expect target for downside it touched 408 once.....
Can expect below 390 something once before it bounced to your target
katudianimesh
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@hiteshkumardit, since its market, tmo what will happen cant say even super analyst fails . but as of now my idea say that it has created cup & Handle pattern.
and if market & Bank Nifty give support then can reach 1st target of 450 from current market.
and about your question regards to downside
yes I have consider 400 as stop Loss
once its broken on 1hr chart then it can show downside till 370.
I hope i have cleared your vision regards this
Can expect below 390 something once before it bounced to your target