NSE:NIFTY   Nifty 50 Index
4
re drawn the lower channel 3 times because of price break down
upward channel working well
macd is showing divergence and prices are stalling
9120 is the crucial to watch
if nifty trades below those levels we can assume nifty has made a top
break below 9120 expecting 8941/8738
above 9270 all these will not be valid if that happens nifty up side tgt will be 9350/9400
best way to track is candle
if nifty starts trading below/above the previous candle that should be the reference point for sl
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.