At the time of charting fount that pattern, A " cup and handle" pattern, Its a bullish pattern.
I have not traded this pattern before, but it is created at resistance level so we will track on it. it it break we catch this opportunity.
Bank nifty retraced by Fibonacci to its 0.618 level. the high is touch on retracement level. May be bank nifty continue its trend. same achive its target on Head and shoulder pattern. on down side.
