The Nifty50 surpassed the 10,600 mark for the first time ever on Monday. Last week, the index broke out above the previous peak in the daily chart, where it was witnessing strong resistance on several occasions. It is signalling a positive bias as the RSI on daily and weekly charts is showing a bullish trend.
For the week ended January 5, the Nifty50 added 0.27 per cent to close at 10,558 compared with the December 29 close of 10,530. The Sensex gained 0.28 per cent to 34,153 fro .