#NIFTY-WEEKLY CHART OBSERVATION
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#nifty
weekly chart observation
at new 52 week high -trying to breakout from large consolidation
RSI-Range shift above 60
MACD-Bullish crossovers
overall structure looks bullish after long consolidation post covid rally
mkt preparing for another round of strong bullish trend
yes ofcourse breadth goes to overbought -becomes normal -leadership changes
pullback -Retracements are good to project upside and trail stop loss
focus on the setup-Risk management-Follow the process
#AhmedabadNest #nseindia #stockmarkets #analysis #BULLISH
