Market Strategy for next week: The weekly chart clearly exhibits - TopicsExpress

Market Strategy for next week: The weekly chart clearly exhibits a breakout from the Bullish Flag pattern.The weekly RSI momentum oscillator level is now moving beyond the 60 mark, which is sign of gaining strength of the higher degree trend i.e. bullish. Hence, we reiterate that sooner or later markets would move out of this consolidation phase and the index is likely to head towards 6700 - 6780 levels.

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