Looking at the secondary level points on the index, most of the popular momentum indicators are, so far, not in the overbought territory on the daily chart, says Hedged founder and CEO Rahul K Ghose The Nifty has broken out of a very long upward trending channel and is on its way to the 19,400-19,500 … Rally intact, Nifty to remain steadfast until 18,600 gets violated