Nifty is in a very narrow spot

Nifty 50 IndexNSE

Description

⋅ Aug 24, 2020 2:07 PM

Nifty is in a very narrow spot with long term trend line as support and short term 3 week old trend line as it's support, which today it touched and retraced.

So, it now has to break either of the two for the momentum. Wait for it.