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#BANKNIFTY Cup & Handle 23rd July'2020

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NSE:BANKNIFTY   Nifty Bank Index
Perfect CUP & Handle formation, chini kam chai jaida.

The breakout above 23000, can result in 2K move, so be cautious with your shorts.

My hands are itching for short creation, but technically we are strong.

Today on OI data, there is no profit booking and short position is getting created, if market goes up the shorts will propel the BN like a rocket.

Will negate the view below 22500.

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