The Nifty continues to form higher highs and higher lows and closed at a fresh high.
It is approaching the upper end of the rising channel placed at 11,830-11,850 levels. A sustained trade above 11,770 can extend the current upmove towards 11,850-11,925.
However, a trade below 11,650 can trigger profit booking and can drag the index lower to 11,550, which is also the lower end of the channel.
For more information ✆ +91 9111-179961 or Visit Dollar Advisory
It is approaching the upper end of the rising channel placed at 11,830-11,850 levels. A sustained trade above 11,770 can extend the current upmove towards 11,850-11,925.
However, a trade below 11,650 can trigger profit booking and can drag the index lower to 11,550, which is also the lower end of the channel.
For more information ✆ +91 9111-179961 or Visit Dollar Advisory
No comments:
Post a Comment