Banknifty: Cup and Handle Pattern (Long Position)

By trendabhi
After consolidation, I am again bullish on Banknifty. Cup and Handle Pattern has formed on 15 min chart which is a bullish signal. You may see expiry between 21700 - 21900 in tomorrow session. Long your position for month expiry for targets up to 23000.
BANKNIFTYbankniftylongbankniftytradesetupbankniftytradingbankniftytrendChart PatternsTechnical IndicatorsTrend Analysis

Disclaimer