Nifty 50 IndexUpdated Nifty Channel
As apparent from Nifty "Daily" chart, Nifty is moving towards upper resistance (Yellow Line). Time to be careful.
Note
nifty still trapped inside channel.Note
as per channel, 17100 level is very nearby.Note
Today Nifty Touched and gave closing exactyly on 50% level line.Note
Nifty is yet to touch bottom..which is somewhere nearby 15400.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.