Nifty 50 - Possible breakout
From the chart, we could say that the Nifty 50 has broken out from the channel and should also break out from the earlier resistance level.
For confluence I have used the earlier channel.
It should break above the previous local resistance otherwise we would be testing the last support area very soon.
For confluence I have used the earlier channel.
It should break above the previous local resistance otherwise we would be testing the last support area very soon.
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