coolbuddychirag88

NIFTY 50: 6/7/2021

Short
NSE:NIFTY   Nifty 50 Index
Nifty is showing uptrend momentum today by breaking his two important support zone.

Can it hit an all-time high again?

Yes of course. It it breaks its major resistance zone which is 15890 then it can show you all-time high again.

The index is trying to break its major resistance to move forward

Today's trading session is important.

The last trading session is responsible to break its resistance.

If on the levels of 15890 a bearish candle is formed then it the chances of breakdown could be happen.
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.