Nifty has been on a falling channel right from 3rd February. Today it is moving in another rising channel.
So for any up move it has to break out of the falling channel. Otherwise can go short on the break of the smaller rising channel.
It is a wait and watch situation.
So for any up move it has to break out of the falling channel. Otherwise can go short on the break of the smaller rising channel.
It is a wait and watch situation.
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