Nifty - Weekly Review Oct 6 to Oct 10

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In a lower time frame, the price is moving within an ascending channel. Channel movement requires more patience to identify trade setups and execute them. In the daily time frame, the price is taking a trendline support.

Nearby resistance is seen at the 25000 zone.
Buy above 24920 with the stop loss of 24860 for the targets 24960, 25000, 25040, 25100, 25160, 25220, and 25280.
Sell below 24760 with the stop loss of 24820 for the targets 24720, 24660, 24600, 24560, and 24520.
Always do your analysis before taking any trade.

16 saat önce

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Nearing upper channel.