Phantom_Nifty

ATH coming in Nifty?

Long
NSE:NIFTY   Nifty 50 Index
Last week Market was Volatile and moved 1.5%(300) points every day and Friday it HIT ATH and then selling started still it's closed above 21850 resistance. So, Friday low is imp line for Bull to Hold. SuperTrend also provided Buy signal on Friday. Both FII and DII is bought on Friday and US markets also hit ATH and Meta is 20% in a day. Considering Global cue and price action still we are bullish and only concern is Friday selling. Excepting Nifty to consolidate between 21800-22200 this week.
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.