Nifty trading within horizontal channel

NSE:NIFTY   Nifty 50 Index
NIFTY has been trading in horizontal channel also forming a double bottom pattern, Nifty trying to break the channel breakout but reversed touching the resistance line,traders may wait till breakout for long entry if open above the resistance or else go short with target of 7910


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.