• Nifty is trading in upward trending parallel channel for last 2 months.
• Multiple datapoint has confirmed the parallel channel.
• Nifty recently formed a M pattern and a lower low in 1 D time frame.
• Daily close is near to bottom of the channel.
• Closing below 25100 will confirm the channel break.
• Possible target is 24164 which will feel the downside gap.
• Wait and watch to catch the big fish.
• Happy trading!!!
• Multiple datapoint has confirmed the parallel channel.
• Nifty recently formed a M pattern and a lower low in 1 D time frame.
• Daily close is near to bottom of the channel.
• Closing below 25100 will confirm the channel break.
• Possible target is 24164 which will feel the downside gap.
• Wait and watch to catch the big fish.
• Happy trading!!!
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.
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.