Nifty got pulled back from S2 after gap down and took the support of S1 for swing. If the price opens gap up and breaks through resistance R1, we can expect a pullback from channel resistance. If nifty open flat or gap up, the price is likely to trade in a range. (**It's not financial advice, just my analysis. Please trade on your own risk and trade setup**)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.