Nifty - Moving in a Parallel channel

A short update on the current situation of Nifty. As you can see, Nifty is moving in a parallel channel on the hourly time frame. It is expected to move in the channel. hence you can trade accordingly. Until and unless it breaks out of the channel, you shouldn't worry.

Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Chart PatternsTechnical IndicatorsNIFTYnifty50niftyanalysisTrend Analysis

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView

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