Channel in which Nifty is travelling since 20th December 2021
Since December 20th 2021 Nifty is following the channel shown in the hourly chart. The support zone for Nifty is 18125, 17957, 17888 and 17580. The resistances on the above side are 18270, 18343, 18466 which is a mid channel tough resistance to conquer. Above that level the previous peak of 18606 will be the resistance. If the peak is crossed Nifty can make another peak of 19004 in the near future.
Happy Candles Investment
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.