Nifty Weekly Chart
Nifty Daily Chart
Nifty has been climbing higher but with momentum slowing. This has led to most participants being cautious. I would continue to trade light instead of turning ultra bullish. Small profits are better than sudden huge losses.
Bank Nifty Weekly Chart
Bank Nifty Daily Chart
Bank Nifty looks on track to achieve 30000 with oscillators supporting the move. If it does the Nifty moves up too !
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Happy Trading !!