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NIFTY ENERGY - Just a view

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NSE:CNXENERGY   Nifty Energy Index
Key highlights: 💡⚡

📊 Currently NIFTYENERGY is giving breakout of Symmetrical triangle.
📊 and 29304 is its resistance level we can see rally of around 1000 point.
📊 but into RSI level 72 is working as resistance level twice.
📊 Keep an eye on both things RSI as well as price movement.
📊 One can go for long into ENERGY SECTOR.
📊 Example : ADANIGREEN , ADANITRANS , ONGC.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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