The benchmark Nifty continues to rally further as it hits another life high in last week's trade. In terms of trend, the index is in an emphatic UP trend across all time frames, and there are no signs of apparent reversal yet. This means, strategically, one should stay predominantly bullish but keep an eye on the momentum, which can lead to an early sign of reversal. We have one such on last Friday's trade, so a close below this low early next week can trigger some weakness. If that doesn't happen, the underlying UP trend will continue, and one should look to ride the trend.
This video is a part of MasterClass Mentoring Sessions - bit.ly/40j7pNm
Reach me on Whatsapp - wa.me/919836947400
Join my community, join "Right Tribe" -
Android: bit.ly/4akdaQ8
iOS - apple.co/3K8pEPv