On a 15 minute time frame, nifty has become range bound either side breakout of the range may lead to a good opportunity. There is a shift in structure. No new lower low is formed. Nifty has formed a higher low after making a higher high. On a higher time frame. We have an up sloping trend line which the price has respected nifty is in a crucial price range where a good move is being loaded.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.