Hey Everyone As Per Bank nifty Chart bank nifty has formed Symmetrical triangle pattern in Daily Time Frame And Also Bank nifty Continue In Uptrend ..
Candle Stick Based
Bank Nifty Formed Tweezer Bottom Patterns Bullish pattern.
Buy Above 42350 If Sustain Then We Can See Good Upside Movement In BANKNIFTY.
Target 42700 43000
Following Chart is of Honeywell Automation which Clearly shows Tweezer Bottom at the Support Level of @39130
The trend must get reversed with Targets anywhere around @48000 to @50000 if the Strong Resistance Level is Broken @45000
The RSI is just reversing from the Oversold Region which hints a nice time to buy.
All in all you will end up with a sweet 11% profit...