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A proper Breakout above the mid channel resistance for Nifty

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Índice Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Índice Nifty 50
Trend Analysis Support and Resistance Candlestick Analysis NIFTY nifty50 niftyindia niftysupports niftyresistances niftysupportandresistance niftytrend marketoutlook niftyview
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trendanalysis supportandresistance candlestick nifty nifty50 niftyindia niftysupports niftyresistances niftysupportandresistance niftytrend marketoutlook niftyview
Nifty has given a proper Breakout above the mid channel resistance showing bullish momentum. 20,000 points on Nifty along with G-20 can be the theme for the next week. For this to happen there are 2 important resistances which Nifty has to cross. These resistances are 19867 and 19991. Supports on the lower side for Nifty in case the breakout fails will be at 19720, 19516, 19360 and 19223. Trend changes to negative in case we get a closing below 19223.
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