Bank Nifty Triangle Breakout

Banknifty has corrected from the top and available at 11% from high. It is near the breakout level and may witness a minor pullback to the short term support level. Buy only if breakout comes and keep the target as All time high. Good R:R ratio of 1:1.5. Potential profit of 1 Lakh. With 5 MPC planned for next 10 montht, further rate cut will give 10% rally easily.