Researched for U-Turn for nifty.

Researched for U-Turn for nifty.

• Intraday Resistance 12349
  
• 2nd channel Resistance 12386
  
• Last and final main channel Resistance 12448
  

We have plotted GAP, channel layers (0) to (3), Initiated move and responsive move on the spot nifty chart.

As per channel layers, traders can make 3x to 5x money from trade setup by using Option Trade (PUT).

Weekly chart view: