Nifty support with channel Long

Nifty 50 IndexNSE

Description

⋅ Aug 29, 2019 7:00 AM

If we ignore the RESPONSIVE result and initiative move, We get the Channel. As per channel, Final support 70 points far from current trading value. But in the meantime, previously acted 10916 support. Channel Support is at 10871 nearby.

Comments

Parasuram

⋅ Aug 29, 2019 7:10 AM

it is also closer to 50% retracement to the rise from the lows... but 15 minutes chart.. even 30 minutes showing similar support

lyfdekho

⋅ Aug 29, 2019 7:04 AM

Thank you for the update