So well NIFTY is currently trading at 20068 points with
-BIG Support levels at
1.19207.75
2.18832.75
-Resistance levels at
1.19877
2.19983
3.20228
The index well is near its highest resistance level that is 20228 which was actually achieved because of the G20 summit that was held in india that had crossed resistance levels at 19983.
Now looking at the RSI...
With the 1st target at 428 ie 100 points from the current market price,We can see a minimum return of 30%
And the stop loss at 323.50
Breakout before 1st September
RSI and MACD levels are bullish on the stock
![PANACEABIO: Panacea biotech[short term breakout]](https://s3.tradingview.com/g/g73xDyVX_mid.png "Panacea biotech[short term breakout]")
![M_M: M&m breakout[short]](https://s3.tradingview.com/c/c7GMJK2c_mid.png "M&m breakout[short]")
