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bandsandchannels bestindicator bestindicatoronearth dowjones nas100 nasdaq nasdaq100 nxd positional relaince setup trendfollowing Less Tags Show All Tags
Nifty moving in a parallels channel, Showing strong resistance
NIFTY1!
, 15Short
NIFTY1!: Nifty moving in a parallels channel, Showing strong resistance

The National Stock Exchange of India (Nifty) index is a market index that tracks the performance of the 50 largest and most liquid traded index listed on the National Stock Exchange of India. A parallel channel is a common technical analysis pattern that refers to a sideways trend where the price of an asset moves within two parallel lines. Nifty is seen moving...

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