NIFTY traveling in a channel

NIFTY right now is traveling in a downward channel.

On the upper side if we break and sustain the resistance zone (17735 to 17775) we can expect it to move towards the upper trendline.

If this level gives rejection then it can move towards the lower trendline and fill the gap between 17350-17420.

Crusial intraday levels on both sides are marked on the chart.

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Dr. Tanya Kumar
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