Bank Nifty Cup & Handle Breakout

5월 6일

BN closed at 48923 taking support at our strong support level of 48680 making low of 48659.7 while 48636.45 was Prev ATh on 28th Dec 2023

See you will see that BN gave a breakout of C&H on 29th April. Is that not enough to tell us how bullish BN looks. We cannot call BN turning bearish unless 46579 is taken out on closing basis which is the base of the handle