NIFTY - On its way to Making New Highs

Nifty finally managed to break out of a Strong Resistance at 11,700 levels.

The candles prior to Break out indicates a small consolidation at a Resistance. And when price consolidates at a Resistance, it tends to continue in the same direction most of the times.

So, we can expect Nifty to make New Highs soon
Chart PatternsTrend Analysis

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