seems like real breakout with the support of major chunk of stks
Be cautious nifty can give a pull back or reversal from 11398 levels as that seem to be major resistance for spot nifty. Rsi too in overbought zone.
Note
nifty seems to be over stretched on 4 hr chart a cool off retracement will be helpful to extend the rally further
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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.