Nifty50 is forming a Cup and Handle formation on the 15min chart, if it breaks the previous high with forceful volume it could goto 23350 or to the channel top around 22750-22800. Volume is the key. So watch out.
Disclosure: i hold various stocks that at part of the nifty, no position in the index future or options.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing.