There was double bottom formation and it gave wonderful return after that. According to trendline too there was breakout. Now it is at life time high. Any correction would give buying opportunity
Note
If it break below 508-507 and sustains with good selling volume then it can go up to 477 and then 468, in case of deep correction it can go up to 444.
Picture would be more clearer after few trading sessions next week. Till now it is in strong up trend with small expected correction.
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.