Nifty is in a downward channel
Nifty is moving within the downward channel. If it breaks out from the channel, we can see some upward movemnt.
Note
Nifty has broken out and closed above of the channel. We can expect it move towards the 17350 level if it manages to stay above the current levelTrade closed manually
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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.