vibhorbairathi

Daily nifty analysis E-5

NSE:NIFTY   Nifty 50 Index
Nifty traded in a downward slopping channel today. And reached near the support. If nifty opens flat or slightly gap up and breaks the channel upside then go long - if it crosses 15850 then it can retest recent high.
If nifty opens gap down wait for price action and go short if it crosses 15775 with half qty only
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