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rupeshmoosari
Aug 14, 2020 2:44 PM

ST Nifty Breakout Long

Nifty 50 IndexNSE

Description

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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