After trendline brokeout, nifty retesting break out levels.
Follow up candle will suggest trend continuation or reversal!
Still holding bullish view slightly.
Nifty looks to continue the bull trend after the retracement from the trendline resistance, minor hurdle at 17620.. breaking this and the trendline, will trigger for a further upmove and may cross ATH..
Breaking 17500 levels may once again lead to 17350 where a strong support is there.. breaking this we will see 16850 levels again
My view is bullish, and this...
Hero Motors - is it forming cup and handle? Nifty Auto is on hot streak.. TVSMOTOR, M&M, ASHOKLEY all broken out already!
Next in line Hero?
Closing above 2890-2910 will confirm breakout for a target of 3200/3400
Nifty looks to continue the bull trend after the retracement from the trendline resistance, minor hurdle at 17620.. breaking this and the trendline, will trigger for a further upmove and may cross ATH..
Breaking 17500 levels may once again lead to 17350 where a strong support is there.. breaking this we will see 16850 levels again
My view is bullish, and this...
