NSE PSE Weekly TF

NIFTY PSE at important junction.

AT 4327 it's 12 years' horizontal TL resistance and

at 4455 it's 5 years' horizontal TL resistance.

A close above 4456 will confirm Cup and Handle formation. If it closes and sustains above 4455 the the PSE sector will be in an unchartered territory.

Main hurdle is violet horizontal TL.

Yorum:

Still bullish view on PSE.
Trailing SL 5353 on wkly closing basis.