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AfnanTAjuddin
Oct 31, 2022 4:17 PM

Nifty Is above 18000 but Buyer dominance Required for Bull Rally 

Nifty 50 IndexNSE

Description

Finally, the Nifty is trading above 18000 but  Buyer domination is necessary for the bull run to break the resistance and downtrend line.
Following a good breakout, we may see a bullish surge; but, if the breakout fails, we may see a price reversal and the price may fall.

Comment

OUR ANALYSIS WAS RIGHT, NIFTY HAD BROKEN RESISTANCE AND THE DOWNTRADING LINE. AND ARE CURRENTLY TRADING AT ALL-TIME HIGH LEVELS AS WE PREDICTED "Following a good breakout, we may see a bullish surge".
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