BankNifty long setup if closes above 46580 on 1 hrs chart

By praveshk2
As seen on 1 hrs chart trendline connecting bottom of 10Jan candle and top of 17Jan/2Feb/16Feb ..if BN closes above 46580 on 1hr chart could open target of 48330 / 48900...above 47200 could see quick rally of approx 800 point Till 48000, currently creating nice VCP pattern.
Chart PatternsTechnical IndicatorsTrend Analysis
praveshk2

Disclaimer