Nifty is moving in a uptrend channel and currently its in the bottom of the channel. So the expected support and resistance are marked on the charts
Comment:
NIfty bounced back from the bottom line of the channel. So, it can be expected to close above the 10400 levels
Comment:
Although NIFTY didn't move as expected for the Feb expiry, its still within the the channel.So a bounce from there is expected