A classic Cup pattern formation & stock at support of 1460, indicates after a confirmation candle 1st target is its previous resistance of 1572 & once this target is achieved a Cup pattern will be formed on Day charts. Next target after a breakout should be 1726. If you are planning to enter now, enter with the SL of 1307, Risk-Reward is favorable now since the...
A possible Ascending Triangle pattern forming on Banknifty chart. Buy after a breakout of resistance with possible target of 42589 (16%) from resistance.