Nifty – Bullish Structure | AMD Pattern Forming

1 025
Nifty is currently maintaining a bullish market structure with a clear sequence of Higher Highs (HH) and Higher Lows (HL). An Accumulation-Manipulation-Distribution (AMD) pattern is forming, indicating potential for a bullish continuation.

As long as the HL structure holds, my view remains bullish.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.