Mô tả
⋅ Nifty
CMP 10679.50
- Nifty has been trading in up trend channel
- trend line resistance comes around 10730 levels
- even in this channel, Nifty has formed a pattern and we have highlighted striking resemblance of trade pattern re-emerging
- if history is to be repeated then there is a strong case of Nifty testing red support zone highlighted in coming days
One may consider selling Nifty in 2 parts:-
if we see rejection at current levels itself
& / or
on further rise towards 10720-10740 levels
Target 10430-10500
Take care & safe trading...!!!