### **Technical Analysis of Bank of Maharashtra (NSE)**
The chart highlights a **cup and handle** formation, suggesting potential bullish momentum.
### **Key Observations:**
1. **Cup Formation:**
- Developed between **December 2024 – April 2025**, indicating prolonged accumulation.
- Depth of the cup approximately **10.60 INR (20.17%)**, reflecting the consolidation phase.
The chart highlights a **cup and handle** formation, suggesting potential bullish momentum.
### **Key Observations:**
1. **Cup Formation:**
- Developed between **December 2024 – April 2025**, indicating prolonged accumulation.
- Depth of the cup approximately **10.60 INR (20.17%)**, reflecting the consolidation phase.
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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.