Nifty Flowing confidently in the 30 minute channel.

Nifty on a 30-minute chart is looking very confident of staying in the upper half of the channel in which it is travelling. On last 3 occasions Nifty has jumped upon reaching the mid channel support of the mid channel line. Indicating that strength of the rally is intact so far.

However, on the last 4 occasions when Nifty tried to cross the Channel top it was made to retreat indicating a strong channel top resistance.

Nifty Resistances going further will be: 18455 and 18500.
Nifty Supports going further will be at: 18384, 18284, 18267 (Very Strong Support).