Hi
It seems Nifty is trading in a channel.
Will buy at channel support and sell at channel resistance as of now.
Currently it is at the channel top, so high probability of a good sell.
If there is a gapup and price holds above the channel.....then its a breakout...till then its channel trading.
It seems Nifty is trading in a channel.
Will buy at channel support and sell at channel resistance as of now.
Currently it is at the channel top, so high probability of a good sell.
If there is a gapup and price holds above the channel.....then its a breakout...till then its channel trading.