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nalinakshi
Jun 19, 2017 10:14 AM

channel breakout is evident on hourly chart 

Nifty 50 IndexNSE

Description

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?
Comments
raca4u
It will go 9700 ...wat say?
MrAkshatP
nice charts
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