Nifty: The big picture
Nifty Daily: Fractal behaviour and Stochastic Indicator :
Of late Nifty rises for 8 to 10 days easily before giving up.Such fractal behaviour has been highlighted.So the current uptrend, which is only 6 days, has some more steam left!
Stochastic Indicator: Nifty seems to top out only when the Stochastic Indicator has hit a top and starts declining.Currently Stochastic Indicator has not crossed downwards yet.
Nifty 30 min: