As per Ichimoku study it has completed its pullback post the breakout within a rising channel which suggest a probable rally till 575 provided it does not go below 495.
Note
It has given a strong up move as per expectations. Now at a minor resistance of 540. Sustaining above this would take it the final expected level of 575Trade closed: target reached
Near expected level. NSE has announced HDFCLIFE will replace VEDL in Nifty 50
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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.