traders_pit

NIFTY all set to go up and maybe make a new high

Long
NSE:NIFTY   Nifty 50 Index
NIFTY took nice support last week.
Then it came up and now again at resistance levels.
The look at chart patters is showing a immediate breakout about to happen.

We may see 11700 soon, within next few sessions and then even 12000 by end of this month is not ruled out.

The outlook is pretty positive about a strong up move.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.