NIFTY: Importance of a 2 week high
In probability terms the index closing at two weeks high does denote a strong probability of continuation forward though extent is another question. In my mind I like to ride a weekly trend if this basic filter is met.
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.