Nifty Ends Above 22,000 today, For First Time.
Time to be cautious?
The setup for 2023 was very powerful as its previous calendar year witnessed only 10 new 52-week highs, while for 2024, its previous calendar year saw a staggering 29 new 52-week highs. Today markets opened at new lifetime highs marking the second new lifetime high in just 15 days of calendar...
#phoenix mills
Will add for long term at 1450 around.
Wonderful results posted by this company.
Can go positional at TL breakout or retest as well.!!
#vr
Previous trend easily breached, new trend showing a double top (indicated by arrows) which is a harmonic reversal pattern and could be an indication for bearish price action. MACD saw negative divergence on the double top as well, indicating the trend is losing strength. But the trend just broke out and it is also rational to suggest it is unlikely a correction...