NIFTY is in a wide falling channel
Updated
If you shift to 2 hr time frame you will notice that market is in a falling channel making lower lows and lower highs
Market also making reversal patterns at either ends of channel so while creating a position and anticipating reversal this analysis can help to arrive at a better decision.
Market also making reversal patterns at either ends of channel so while creating a position and anticipating reversal this analysis can help to arrive at a better decision.
Note
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Bullish candlestick pattern formed at lower end near minor support market may take a pause over here.
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