NrupenM

NrupenM

Honestly this upside was unexpected but it happened with shift in price volatility and upper resistance break. Keeping that in mind I think Nifty might hit minimum target of at least 8290-8300, but also keep in mind current upside is weak so make sure to maintain a good Trailing SL if you have already taken a buy position.

NrupenM

At this point, the new upside is forming but with weakness in bullish MACD crossovers. There are very less chances that Nifty will breach the Resistance Line, even if it manages to breach it, it may fail to sustain new upside. New bullish entries are expected to be avoided. A sideways move or breach in Support can be expected.

NrupenM

On monthly chart there is good breakout on Atlas. Looks like it is ready for long term investment. Conservative TGT can be assumed as 622 but trailing SL is recommended

NrupenM

Seems like we may see little sideways movement from here