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SudharsanG

NIFTY - FNO LEVELS - 01 NOV 2021

S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
SudharsanG  
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis NIFTY nifty50
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trendanalysis nifty nifty50
As you see in the chart, nifty clearly heading towards the lower end of parallel channel, but a little bounce is expected as the nifty is in oversold region in minutes chart.

Nifty is in clearly bearish mode till it broke the previous ATH high, so SELL ON RISE would be the good strategy to play.
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