Weekly Chart
Daily Chart
Hourly Chart
Nifty showing no signs of exhaustion. Breaking out of the falling wedge will see Nifty resume the uptrend, failing which, the green channel comes into the picture offering support around 12000.
Bank Nifty Weekly Chart
No negatives yet in both the Indices. Trend is up so no shorts. Fresh longs with loads of caution.
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Happy Trading !!
Lakshmi Ramachandran
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