Nifty trading within the channel (Positive Bias)
On looking chart of Index, it clearly indicates that Nifty is trading within the channel which exits on the lower side around 8820 levels and upper side upto 9300 levels. Traders make their positions according to the channel. Traders can take long positions in Nifty with small SL of 8800 for some good volatile move in the intraday.
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