Nifty 50 Index

Nifty looks neutral for 20-10-2022

1. in 15 min time frame, nifty rejected from upper level of parallel channel, so chances of reversal towards lowver level of channel.
2. also tested 0.23 fib level and small falling channel appear,(red color) if breaks out gives small upside move upto upper side of channel which shown in blue line.

Be ready for both side move.

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