NIFTY

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Nifty has broken the earlier high 15431.75 and closed above the same level.
As earlier mentioned in the chart published on 15-05-2021 that the nifty index was getting compressed and in coming 2 weeks will be important for long or short and resistance level of 15045 to 15052 was given. On 18-05-2021 nifty opened gap up and closed above the resistance levels (15052) at 150108 where the Nifty became long. And Today the Nifty gave a good close above previous high 15431.75 which is confirming that the index has become more bullish for 15857 / 16283 / 16708 for a short to medium term.
And any fall towards 15150 to 15045 will be a good opportunity to buy for the mentioned levels and can also accumulate good front runner stocks of the index.
Nota
Nifty from 15108 to 15857 1st tgt done
Nota
Nifty from 15108 to 16283 2nd tgt done in 2 months
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