Nifty today has touched the 13768 levels which is 1.27 Fibonacci level from the bottom of 7511 levels from 2020 March.
It didn't crossed the levels today. If it doesn't break the level, I'm expecting this trend to get reversed.
The daily RSI also moving flat for so long days
Watch Ramky infra in the coming days. It has broken the descending trend line. Recently it tried to break the same but went down and took support from the 40 levels. It can reach 55-70 levels in the coming days.
Suven life science looking bullish as seen in the chart, it has been on a good rally for many days. Today it has broken the upper trend line. It has previously broken the same trend line and came down but took support from the previous 52 week high. Watch out for more upside in the coming days