Attached: Nifty 100/ Nifty 50 Daily Chart as of 26th May 2023
A Risk On Signal has been generated where Nifty 100 is Set to Outperform Nifty 50 to meet its Cup & Handle/ VCP Pattern Breakout Target
When this happens the Broad Market goes on a Risk On Mode
So Bulls it is your Time/ has been your Time and it is going to Accelerate further in your favor
Play Longs, More Money is to be made in the Long Trade
A Risk On Signal has been generated where Nifty 100 is Set to Outperform Nifty 50 to meet its Cup & Handle/ VCP Pattern Breakout Target
When this happens the Broad Market goes on a Risk On Mode
So Bulls it is your Time/ has been your Time and it is going to Accelerate further in your favor
Play Longs, More Money is to be made in the Long Trade
Comment:
Moving as forecasted and this shows that the Broad Market is where the Real Strength is!
Trade closed manually:
RISK ON signal worked for 2-3 weeks after Posting and then failed to get past the Resistance band marked the Green Lines
