Nifty looks like it has been in the range of 8378-8460 for a few trading days now, it has a an resistance at 8461 and an immediate support at 8381 levels, I am long on nifty as off now need to wait for it to break its resistance to see any kind off up move in nifty failing which we can see a bearish move all the way till 8290.
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exited long position, SL was at 8401, going SHORT on nifty now
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soibam666
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sir which indicator you apply here,,very neet and clean
regards
mon23
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@soibam666, hi realy sorry sir for the late reply, i use don chain channels as indicator and RSI to just help me read the charts a litle better.
regards