Nifty- Weekly View

Updated
Nifty Daily chart trading in ascending channel pattern and last week index tried to break support but it took support in inner channel pattern and bounced back, now again Nifty Daily chart at strong support level but this level will be treated as strong breakdown level once Nifty breaks 14250 levels and sustain below this we can see 14000/13750 levels in coming days with 14600 resistance levels or for the bullish movement we need to wait for a breakout above 14750 levels.
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Nifty 800 points down as per last week chart!!!
Beyond Technical AnalysisParallel ChannelTrend Analysis

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