MAHABANK | Cup and handle | Breakout | Daily

### **Technical Analysis of Bank of Maharashtra (NSE)**
The chart highlights a **cup and handle** formation, suggesting potential bullish momentum.

### **Key Observations:**
1. **Cup Formation:**
- Developed between **December 2024 – April 2025**, indicating prolonged accumulation.
- Depth of the cup approximately **10.60 INR (20.17%)**, reflecting the consolidation phase.