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MohakPingle

Nifty Market Structure

Long
Nifty 50 Index (NSE:NIFTY)  
MohakPingle  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Parallel Channel nifty50 niftyanalysis niftytrend niftyindia channnel
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trendanalysis parallelchannel nifty50 niftyanalysis niftytrend niftyindia channnel
These are probable channels for the Nifty 50 index. It can continue rising with respect to the acceleration channel and finally break out of it.
There is an important confluence of the middle lines of the bigger channel (Black in color) and the acceleration channel on Friday 02nd Dec 2022.
It will be an important turning point.
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