Expect markets to test 5800-5850 in few weeks: Mileen Vasudeo
"On the daily charts when we saw ascending triangle breakout on the line chart, we expect now the markets to move higher"
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| Updated: Mileen Vasudeo, Technical Analyst, Angel Broking in an interview with ET Now talks about Nifty.
What is your sense on the Nifty?
On the daily charts when we saw ascending triangle breakout on the line chart, we expect now the markets to move higher and the initial resistance was the 200-day moving average line and today we are seeing that we are trading above it and we expect the markets to test 5800 to 5850 in couple of weeks’ time.
What is your sense on the Nifty?
On the daily charts when we saw ascending triangle breakout on the line chart, we expect now the markets to move higher and the initial resistance was the 200-day moving average line and today we are seeing that we are trading above it and we expect the markets to test 5800 to 5850 in couple of weeks’ time.
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