Banknifty is making a triangle pattern facing upwards. Generally, these type of patterns gives a downfall. But we have to be prepared for both sides.
here are the levels :
Buy above 31380, tgt: 31575, sl: 31280
Sell below 31280, tgt : 31070, sl: 31380
It has been observed that ICIL chart Cup and Handle break out near 190, can watch near 190 to 195 for target of 240 cup length as well as previous resistance zone stop loss below 180.
