Nifty 50 seems to be following a sloping parallel channel.
Trend is downwards for the short term.
Sentiments will turn bullish only if the trend is exited and Nifty breaks out of the sloping downward channel.
Small bounce can be expected from the bottom of the Channel
Trend is downwards for the short term.
Sentiments will turn bullish only if the trend is exited and Nifty breaks out of the sloping downward channel.
Small bounce can be expected from the bottom of the Channel
Trade active
Continuing as expected.... Nifty now near 22500Closely follow the parallel channel
Trade closed: target reached
Nifty has finally exited the sloping parallel channel... Hoping for the markets to rise for the next few days/weeks 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.