NIFTY if holds the 60xx levels in coming correction (if there is one???) then high possibility of life-time highs on the charts. We all know, what happens when a free-spirited thing enters un-charted territory. The uptrend remains intact while we trade above 57xx levels & we begin our journey south only on strong close below 54xx levels (not happening this expiry). I’m still not buying this rally, just trading. Letting NPV of the cash I’m sitting on being eroded by inflation & non-participation in the rally.
Daily Chart of NIFTY below …
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