Looking at the structure nifty is ready to move to upside if it breaks the 200 EMA to upside and have some consolidaion with that.
Important levels: 23364, 23507
Support levels: Resistance chanel, 200 EMA
Plan of action:
wait for market to break the 200 EMA and retrace to the channel.
Important levels: 23364, 23507
Support levels: Resistance chanel, 200 EMA
Plan of action:
wait for market to break the 200 EMA and retrace to the channel.
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