Nifty is moving in a parallel channel. The most important point to be consider that the nifty is moving near the support line, hit 2 times the support line the strength is less to move in positive direction. However the channel is not broken yet.
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.