⦿ Trend: Confirmed Uptrend
⦿ Momentum: Positive & improving
⦿ Breadth: Strong
⦿ Bias: Bullish
⦿ Swing Confidence: 100

⦿ Most major indices (including Nifty, NiftyJr, CNX500, Midcap & Smallcap) are now in a confirmed uptrend.
⦿ Banknifty is the only major index still in rally attempt.
⦿ PSUbank & Media are still in confirmed downtrend.

⦿ Almost all indices have positive & improving momentum.
⦿ There is no index with negative & worsening momentum.
⦿ IT & PSUbank are still having negative (but improving) momentum.

⦿ Both Nifty & Smallcap are in weekly upswing, & daily confirmed upswing. Swing Confidence is 100.
⦿ Nifty is in its third leg-up post a late pullback entry signal (E3) last week. 18200 is now a support, & 18900 is the resistance.
⦿ Most indices are in a weekly upswing.

⦿ Market breadth is strong.
⦿ Short-term timeframes have thoroughly cooled-off.
⦿ Intermediate-term timeframes stay in buy mode.
⦿ Higher timeframes are now bullish.

Currently, the bias is bullish.
⦿ NIFTY is above its 50-day MA
⦿ Net New Highs stay positive for 3-consecutive days.

⦿ Broader markets outperforming the benchmark Nifty
⦿ Realty, Auto & Consumption showing absolute out-performance
⦿ Media, Pharma & PSE showing relative under-performance

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