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Vallabh69

NIFTY MEDIA - breakout possibe

Nifty Media Index (NSE:CNXMEDIA)  
Vallabh69  
NSE:CNXMEDIA   Nifty Media Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
After consolidating for a longtime this chart is giving breakout. Also ABCD pattern can be observed in the chart. One can wait for a stronger breakout and trade above the resistance
zone. Try to analyse media stocks , mostly the rally can be seen in top 5 contributors.
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