nalinakshi

channel breakout is evident on hourly chart

NSE:NIFTY   Nifty 50 Index
90 2 5
nifty             wants to move higher after the expiry or at expiry otf this month sereies.
Comment: it appeared it to be channel breakout, but todays correction and back to 9610 suggests it is forming a range from 9572 to 9672. when it falls in the range it is easy to trade, but it is losing momentum, may be expiry pause. anyway, only price action will tell the next move.
Comment: wow. 9709 is the resistance , will it cross?
It will go 9700 ...wat say?
Reply
nice charts
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