Nifty Talks 07 Aug

Nifty Analysis

Parallel channel pattern

Bias : Neutral

Resistance : 19560 19640

Support : 19380 19490 19560

Refer the chart for possible price flow



Disclaimer:
Ideas listed are My Trading analysis and Notes/journals.
These are NOT recommendations for Buy/Sell..

Trade active:

So far, moving in the channel as in the first chart.

Possible next target 19640.

Comment:

Still on Hold. With 19640 660 as targets

Resistances will act as support when broken. Current supports at 19520 19560

Trade closed manually:

Closing all intradayers. Targets achieved