Today NIfty hits ATH but for Bank Nifty, It's a still long way to go ( 7% + from its ATH), although Bank Nifty broke parallel channel on the day frame chart.
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk
BSE:SENSEX has recorded a All Time High today(26-Nov-19) but it was rejected by a trendline that extends from August 2018 till today. If this trendline is broken on a daily closing basis then I am expecting SENSEX to continue to the upside.
A little non-streamline opinion again, ppl are carrying shorts due to formation of doji's in Nifty, but personally I feel we are still in very strong trend, yes there are very less chances of repeating things like "Only 4 times nifty given 6 continue +ve close in 2019" up and it can be very sharp correction when it comes, but I feel that will come after ATH, or...