Nifty broke out of its all-time high. Is it a start of a new Bull Market?
Last week the Nifty broke above the weekly resistance of 6340 emphatically and closed at 6526, a new all-time high. The rise is attributed to the strong chances of a stable government under NDA after the elections. The volume was very strong when the breakout happened on Friday (as shown in the Chart below): We […]