Nifty 50 Index
Updated

Nifty - Weekly Review Oct 6 to Oct 10

1 264
In a lower time frame, the price is moving within an ascending channel. Channel movement requires more patience to identify trade setups and execute them. In the daily time frame, the price is taking a trendline support.
snapshot
Nearby resistance is seen at the 25000 zone.
Buy above 24920 with the stop loss of 24860 for the targets 24960, 25000, 25040, 25100, 25160, 25220, and 25280.
Sell below 24760 with the stop loss of 24820 for the targets 24720, 24660, 24600, 24560, and 24520.
Always do your analysis before taking any trade.
Trade active
Nearing upper channel. snapshot

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