Nifty- Complex Channel Correction Unfolding-Below 8775
Break below 8775 shall take Nifty in the zone 8745-8755-there it should get support-once getting a support look for a price bounce till 8800-8810.
Remember Any Break Above 8820 will carry Nifty upside in new zone or else if it gets hurdle close 8810-8820 zone -one can take a small stop loss above 8820 for targets again 8745-8755.
or
Selling close to channel top in the zone 8810-8820 with a strict stop slightly above 8825 for Targets 8745-8755
Regards,
Abhishek H. Singh, CMT
Remember Any Break Above 8820 will carry Nifty upside in new zone or else if it gets hurdle close 8810-8820 zone -one can take a small stop loss above 8820 for targets again 8745-8755.
or
Selling close to channel top in the zone 8810-8820 with a strict stop slightly above 8825 for Targets 8745-8755
Regards,
Abhishek H. Singh, CMT
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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