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rupeshmoosari

ST Nifty Breakout

Long
Nifty 50 Index (NSE:NIFTY)  
rupeshmoosari  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Technical Indicators Chart Patterns niftyindia nasdaq indian indianmarket global equityanalysis
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trendanalysis indicator chartpattern niftyindia nasdaq indian indianmarket global equityanalysis
Major Points:-

1. Another classic breakout after a short consolidation.

2. Long term uptrend intact.

3. Let's see Nifty could consolidate above 20 days MA and not break 200 days MA.

4. Bank nifty is clearly exhausted. Now the Metals and pharma are helping the nifty.

5. Nasdaq and S&P really consolidating for another breakout. Upside or downside we could see next week.



Good Day.



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