nifty in a range bound mode
60% nifty is in uptrend and 40% in a down trend.
if we look at the hourly chart then can understand that it is making higher high and higher low formation which pretends up trend.and it was a good buying from the previous resistance .
what now i am expecting is ,have to look out for tomorrow s move if it breaks today s hourly low means again may go down .
as per my view,it has broken previous resistance and took a support on it.hourly chart.
try to find it out.and reply me if u get it.
if we look at the hourly chart then can understand that it is making higher high and higher low formation which pretends up trend.and it was a good buying from the previous resistance .
what now i am expecting is ,have to look out for tomorrow s move if it breaks today s hourly low means again may go down .
as per my view,it has broken previous resistance and took a support on it.hourly chart.
try to find it out.and reply me if u get it.
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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.