Ever since Nifty50 took support near its 21- day exponential moving average on the daily chart, there is no looking back for the Index. One of the positive technical aspects is that the momentum oscillator RSI (14) has broken its horizontal trendline resistance placed at around 65 odd levels and is now reading above 65 levels with positive crossover on the daily timeframe. The previous intermediate top for the indicator comes around 75 odd levels, and the current break of 65 levels indicates there is still more room left for the benchmark index to trade higher. The weekly chart is currently not providing any strong evidence for further prospects. The 21-day exponential moving average, on the daily chart, is acting as an anchor point for the benchmark index. It is Bank Nifty which has been leading from the front for the last couple of trading sessions and surpassed its previous intermediate top placed at 23,211.