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VenOm2720
Jul 30, 2021 12:50 PM

NIFTY MOVING IN A CHANNEL 

Nifty 50 IndexNSE

Description

Nifty is moving in a channel and after giving fake breakout it is now at top of the channel. This means its next move can be the bottom of the channel. And if not it can give a breakout and a good trend can initiate.
Comments
tbgokani
As i can see it took support from 200 ema line, So it can take it and try to give some upward move but there is resistance at the above level, So lets see..
VenOm2720
@tbgokani, Yeah valid point, can go either side.
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