If the nifty rises, the Nifty Energy Index will follow..!

 Nifty Energy Index 

The Index is trading at a 52-week high and has shown a falling channel breakout. It is also below the ATH level and has a bullish flag and pole at the 52-week high.

The golden crossing, which gives the index the upper hand and quickens the bullish momentum on the index, is highlighted on  chart.






-Point & Figure Chart 
The index is trading above the 10SMA on the Point & Figure chart, with a positive ABCD on the 1%x3 chart.
The chart's vertical count indicates that the upside momentum will continue in the direction of the 31832 zone. 


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