Its been a month passed but still b.nifty trading between the parallel channel, as the time goes the channel gets broader, not giving any sign of breaking the channel.
I think b.nifty is waiting for some external trigger which can pull or drag the market in either way, until it breaks the 35700 levels the market is "sell on rise" type.
Quarterly expires over today, so lets wait for a fresh breakout soon.
I think b.nifty is waiting for some external trigger which can pull or drag the market in either way, until it breaks the 35700 levels the market is "sell on rise" type.
Quarterly expires over today, so lets wait for a fresh breakout soon.