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22 May 2024 - Nifty still upward looking, bullish tone continues

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Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators niftytrend niftyprediction niftytradesetup niftylevels niftyoutlook niftyintradaytradesetup niftyoptions niftytomorrow niftylong
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trendanalysis chartpattern indicator niftytrend niftyprediction niftytradesetup niftylevels niftyoutlook niftyintradaytradesetup niftyoptions niftytomorrow niftylong
Reliance and Infy were the major contributors to Nifty's GREEN show today. This happened at a time when the Banks were taking a huge beating. Finally, it came out good for the bulls as the 22519 resistance is now broken safely.
The next target is the ATH and then I am not quite sure how much more we can go from there. Lok Sabha election results are coming up in 2 weeks and the markets are getting prepped up for a massive one-side move.
The stance continues to be bullish above 22519.
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