The Bulls are returning!

As the Nifty notching gains every day, the sentiment is turning favorable to the bulls. Please remember that it is the nature of trading ranges to be bullish for a few days, then suddenly become bearish. That’s how a range is made – up, then down, then up…. If and when the resistance is broken at 3150, the Nifty will move in a uptrend.

Art of Trade writes:
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Balrampur chini and L & T making head and shoulder bullish pattern? nifty too making abouve 3150? pls guide me>>
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Here is the chart for Balrampur. We will dscuss the Nifty over the weekend.