At current time NIFTY at all time high and seller start selling and creating sell pressure but this time a Higher High and higher low set up will formed. If parallel line don't broke then there is a high possibility of bounce back form rectangle zone because that place also have a very good supply zone(support zone). If this setup was formed then after...
At this time Nifty is on its support level which is a very interesting area for a long trade but it will also face resistance from a trendline, this trendline provide continuously resistance in 4Hr time frame, So for a trading setup in Nifty wait for clarity either it will break the trendline or it break support level. If it break support area, it will consider...