Nifty

Nifty has to trade near trendline and spend some time before breakout.

I really doubt it will go up and continue moving up.

Next week is monthly expiry so options premium will die soon.

we are very near to trendline now and if it breaks with price action then can easily rally.

Otherwise, it's going to turn around.

This is just my view and no recommendation
Chart PatternsTrend Analysis

Disclaimer