Is Nifty Hitting ATH a Big Event?

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Nothing much is happening st the index level but select stocks are doing well.

Nifty is at the breakout level after making ascending triangle on 15 min charts. Under this situation, breakout should be followed by retracement and then the real move. Since it is pattern 1 ( refer last Friday morning comments), targets are somewhere close to All Time High  (ATH). Though for us ATH is just a number. 

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Nifty. Support is placed at 18580 and resistance is placed at 18770

BankNifty. Support is placed at 43800 and resistance at 44300.

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