Nifty in a slow and steady move of higher highs and lows

29 giu 2022

Nifty is following the classic Dow theory definition of an up trend, a series of higher highs and lows and till that is violated why bother. Day to day volatility because of US stock indices going up or down on data like Consumer confidence or GDP can be confusing but a technical setup is simpler to follow. So far the Nifty is showing relative resilience despite volatility on end of day charts.