NSE:NIFTY   Nifty 50 Index
Nifty has broken the earlier high 15431.75 and closed above the same level.
As earlier mentioned in the chart published on 15-05-2021 that the nifty index was getting compressed and in coming 2 weeks will be important for long or short and resistance level of 15045 to 15052 was given. On 18-05-2021 nifty opened gap up and closed above the resistance levels (15052) at 150108 where the Nifty became long. And Today the Nifty gave a good close above previous high 15431.75 which is confirming that the index has become more bullish for 15857 / 16283 / 16708 for a short to medium term.
And any fall towards 15150 to 15045 will be a good opportunity to buy for the mentioned levels and can also accumulate good front runner stocks of the index.
Comment: Nifty from 15108 to 15857 1st tgt done
Comment: Nifty from 15108 to 16283 2nd tgt done in 2 months

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