Banknifty has formed and gave a breakdown of a descending triangle the target of which comes around 39000.
Banknifty is also moving in a symmetrical triangle pattern on 15mins TF. the breakout on the either side will give a movement of 400-450 Points.
In 15 mins TF Nifty has formed a symmetrical triangle pattern, the breakout of which on the either side will give a move of 80-120 Points. the White Lines are the Pivot Zone or the No trading Zone. Upside targets are the green Lines. Downside targets are the red Lines.