Nifty Index known as NSE or Nifty50 has or is experiencing a big breakout out if its much-expected consolidation phase. This is a big breakout is big because the market has become resilient to the Federal Reserve's decision to begin taper from November. If the Nifty50 index continues to hold above 17,620 it can well top 18K! Long positions should be made, do not wait. Market Mood Index shows it is in fear trajectory which is a positive note because the market is not overbought as it was 2 weeks ago. Nifty has all the top market movers so it will be a exciting game to watch as even ITC roars! New resistance at 18K because looking at it , the bulls are gonna break all records