NIFTY placed ideally for big move down. Keep appropriate SL reversal too might be at a great pace.
NIFTY below trendline support on 15 minute chart. Be alert to rise and sustain above trendline to exit shorts.
NIFTY looks bearish unless closes above channel today.Targets can be 9333.
NIFTY is back inside channel. Looks bearish unless closes above channel today.
NIFTY bounce from trendline support. Long with support of channel
NIFTY channel resistance is now support after Breakout from channel.
NIFTY at trendline resistance. Can be a Breakout too.
NIFTY at channel resistance but it might continue going up slowly hugging the channel resistance. Some fall is imminent though.
Trade this channel
Nifty at channel resistance. Reverse position if BO.
Nifty at Trendline resistance. Either BO or reversal. Wait for confirmation. Most likely BO based on OI data.
Channel scaled to fit latest price action. Wait for price to enter channel.