Nifty moving in descending channel.
Short reversal from channel support is expected.
Fresh buying only when channel resistance is broken.
Confirm with RSI for sustained reversal.
Moving averages are on daily basis.
Short reversal from channel support is expected.
Fresh buying only when channel resistance is broken.
Confirm with RSI for sustained reversal.
Moving averages are on daily basis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.