Nifty 50 Index

Nifty - Weekly Review Feb 10 to Feb 14

Price is moving in a slow downtrend and also it is forming channel. Double bottom support zone is seen at 23450. Price have to sustain above this level to be bullish. Bearish below the zone 23450.
Buy above 23460 with the stop loss of 23420 for the targets 23500, 23560, 23600, 23660, 23720 and 23760.
Sell below 23380 with the stop loss of 23420 for the targets 23340, 23300, 23240 and 23180.
Do your own analysis before taking any entry. Analysis is for entertainment purpose only.
Note
Still inside the channel. snapshot
Note
Full day within channel move, but bearish. snapshot

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