BankNifty Technical Setup | Cup & Handle Breakout

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BankNifty Technical Setup | Cup & Handle BreakoutNifty Bank IndexNSE:BANKNIFTYayushishriBankNifty is showing a powerful Cup & Handle formation on the daily chart — a classic bullish continuation pattern. 📍 Breakout Level: 55,800 🎯 Target: 64,000+ (Upside of ~8,280 pts / 17%) 🛑 Support: 53,600 (Previous resistance) 💡 Volume backing the breakout confirms strength. Previous triangle breakout → consolidation → now Cup & Handle — a textbook rally setup! ⚠️ A daily close above 56,000 could ignite the next leg of the uptrend.