Nifty is in uptrend channel from below 3000 levels marked.
Retracement levels are also marked adjusting the first breakout. The second breakout automatically formed.
Now heading for 3rd breakout level. This is a multi year plot and may not be good for day traders and short term traders.
This is for purely educational purpose and to understand the path.
Red trend line in between the channel may act as a pivot.
Retracement levels are also marked adjusting the first breakout. The second breakout automatically formed.
Now heading for 3rd breakout level. This is a multi year plot and may not be good for day traders and short term traders.
This is for purely educational purpose and to understand the path.
Red trend line in between the channel may act as a pivot.