BullFlag, W pattern, Above vwap, Bullish breed of BankniftyBanknifty has created multiple probabilities of continuing the upward move and it should be faster with good momentum now.
In the graph you can see we have three positives:
1. W pattern broke, price came back to test the level of break and formed reversal signs
2. Bull Flag was formed and it broke that too
3. BN is above vwap, 200 ema and 20 ema.