Nifty travelling in a channel as per 4 hrs TF. But has hit resistance at the trendline . Possible scenario 1: is we may break down the channel and take support at Lower trendline at 18050 level ( which itself is looking like a wedge formation) . Scenario 2 : if we sustain above this resistance we may attempt for targets of 18580 and 2nd target @ 18869
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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.