NIFTY POSSIBLE SIDEWAYS MOVE TODAY

2 thg 12

Nifty moved in this bearish channel for few days and made a break-out on the upside ,stayed sideways for few days and made the down move to test the channel .I don't see a significant move in Nifty unless the resistance and support 1% either side is broken .Nifty could be sideways in this range . I would prefer a non-directional strategy within this range .