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Channel-bounce

Probable down move from channel resistanceNifty has arrived the resistance level of the descending channel. If tomorrow price gaps down and moves downward in first 15 min, a short position can be opened with SL above the swing high and a target of 11650. If price gaps up and sustains over today's high, this trade plan will no more be valid.
NSE:NIFTYShort
by ssen
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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