The Good Bad and Ugly weekly review : 04 Nov 20221 min read

Less than 2% away from a fresh All Time High ! Nifty continued to surge ahead clocking (+1.86%) and seems to be well on its way to hitting a new peak. Though Nifty has comfortably closed above the testing trendline (dotted black line), there still seems to be some resistance around 18180 zone crossing which the journey towards ATH may be much smoother. RSI is slowly climbing up towards the overbought levels indicating buying momentum. The next two weeks shall be crucial.

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