Breakout or Trap? Nifty & Bank Nifty Surge Ahead - Be Cautious!!Nifty and Bank Nifty are showing some strength!! We may see new ATH looking at the charts,
till the time Nifty does not clear 25300 we are in trouble waters!!
Above that level we should see a strong upside movement!!
All i can say is stay cautious till tht time, lets see a strong breakout rather then fall in a trap!!
Newath
Banknifty - New ATH PossiblePrice just closed above resistance levels and if sustains then price will make new ATH levels in the coming sessions. One can expect a quick move above the current ATH.
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