Looks like nifty is moving in a triangle in hourly chart so upper trendline could provide resistance for further up move.
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Lower trendline provided support (chart above) also nifty just managed to close in the rising channel(char below).
Triangle break down side.
ReplyDeletego short for tom.
Please advise me.
Ranjeet.
Hi ranjit,
ReplyDeletePosted chart ,hope it clear all doubts.