The Index is trading in a range since 18th June 2021 till 22nd July 2021, On 23rd of July 2021 we have seen a candle closing above the rectangle pattern.

The Candle has close above the rectangle as well as the RSI which was trading in a range as well has also given a breakout in the upside, RSI is following the Price movement which is a positive sign for the breakout as well as MACD crossover is seen which is suggest we can expect a upward move.

Overall the stock and the indicator and the oscillators are showing an upward move.

It would be a better option to wait for the index to close one more day above the pattern, if the Index close above the pattern for 2 consecutive day with all indicator and oscillator supporting the move then a buying opportunity can be seen.

If the Index close below the 23rd July close then there would be no point of executing the order.

All Global Market are trading at their highest point and the move overall is a v shape move.

There would be an argument that this has been followed previously thrice and the breakout has been on the upside so why not now? 
The answer is very simple, because we have appreciated nearly 100%.

Opportunity Near-By

Jul 23 2021

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