1. Price broke out from the current up trend after many rejections.
2. Also, NIFTY IT Index is strong by showing breakout from Flag & Pole pattern.
2. Also, NIFTY IT Index is strong by showing breakout from Flag & Pole pattern.
Note
price back to breakout line for retest.
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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.