abhi1invest

Bank Nifty is at cusp of breaking Inverted Cup and Handle

Short
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY

Both Bank Nifty and Nifty are at the cusp of breaking the neckline of the Inverted Cup and Handle Pattern.
I expect the over the next months period, Banknifty should hit the target of 37700
Similarly for Nifty, once the neckline is broken, Next months target should be 16832

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