nifty in a range bound mode
60% nifty is in uptrend and 40% in a down trend.
if we look at the hourly chart then can understand that it is making higher high and higher low formation which pretends up trend.and it was a good buying from the previous resistance .
what now i am expecting is ,have to look out for tomorrow s move if it breaks today s hourly low means again may go down .
as per my view,it has broken previous resistance and took a support on it.hourly chart.
try to find it out.and reply me if u get it.
if we look at the hourly chart then can understand that it is making higher high and higher low formation which pretends up trend.and it was a good buying from the previous resistance .
what now i am expecting is ,have to look out for tomorrow s move if it breaks today s hourly low means again may go down .
as per my view,it has broken previous resistance and took a support on it.hourly chart.
try to find it out.and reply me if u get it.
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