- 76 Weeks of Consolidation - VCP Formation - Near Trendline Breakout - Fibonacci Extension near to its Previous All time high (1st Target) - Daily chart outperforming Nifty by 3% in previous week this show relative outperformance of instrument vs Nifty.
Note - This view is not for short term trading purpose this is rather positional for 5-6 Months. By looking at global market risks and inflation I prefer to shift some of my allocation to gold as neutral hedge against equity.