here are some points to take in consideration.
1] Price is still in channel. also there is reverse breakout from wedge.
2] Wave 4 correction was not clear until the breakout happened.
3] VIX is near 11. So, volatility would still be low with following its trend.
4] RSI - Daily, weekly, monthly is still bullish no sign of weakness.
5] Daily candle high near upper bollinger band.
6] Daily, Weekly supertrend in green indicating more bullishness
7] no weakness in banking stocks which has highest weightage in nifty.
Dagangan ditutup: sasaran tercapai:
reached the destination.