There was a Daily Trend Line Breakout for NIFTY50 and then We saw a Unhealthy up movement. Now the Price is on the extreme of a weekly Supply zone.
There can be a Pull back now till Daily EMA20 @ 23050.
If it takes Support from Daily EMA it should then Try and Break Weekly Supply Zone
Above 24000 NIFTY will be considered in UPTREND again.
Hope for the Best!
Kotak Mahindra Bank is Consolidating since 2021 in a Rectangle Pattern.
Breakout of the level 2050 with the Volume increase.
CMP 2079
It should Retest 2050 again and then rally towards atleast 2500
Lets! Hope for the Best!
