Cup and handle forming at strong support level 17000 If break 17160 or close today above 17130 level it will give a good 120 to 150 point target most obvious a gap up
Bank nifty validating a old channel and retest at bottom of channel. All bank nifty need support of nifty if nifty cross 17750 and hold it will be a nice bullrun also nifty can give target of 17120 Easy target of 40000. Not recommended hold necked position on friday night but hageing is best strategy.
I saw a pole and flag formation and also market following a channel that can be further continue. I thik if market break 16200 level it can touch 15750 level. btw if expected today's shelling bcz no good news for now and not expected in future so for weekend fear level high bcz in 2 day anything bad can happen. Let see monday