It has formed an ascending triangle pattern.
I am suggesting an aggressive view here.
It has the strong support of higher volume levels.
Buy at the current level of 349.10
Target 1 -379 (Upper line of Triangle).
Target 2- 399 ( If it breaks 379 level with a strong green candle and high volume then it next plausible target. There is resistance of R2 pivot point at 399)
Target 3-439 ( On the basis of Triangle retracement it can touch this point and also There is R# pivot point where it can take resistance)
In addition to that, Bank nifty has shown a bullish trend which will corroborate this position.
I am suggesting an aggressive view here.
It has the strong support of higher volume levels.
Buy at the current level of 349.10
Target 1 -379 (Upper line of Triangle).
Target 2- 399 ( If it breaks 379 level with a strong green candle and high volume then it next plausible target. There is resistance of R2 pivot point at 399)
Target 3-439 ( On the basis of Triangle retracement it can touch this point and also There is R# pivot point where it can take resistance)
In addition to that, Bank nifty has shown a bullish trend which will corroborate this position.