Could there be one last fall in the 14880-14950 territory?

19 במאי 2021

NIFTY has been moving in the channel shown, respecting the trend line both ways. There could potentially be a fall before we move higher once again. BUT, NIFTY is taking great support @15040 levels which needs to be respected. NIFTY has also been testing the resistance @ 15130-15140 levels which happens to be the top of the trend line. Watch the price action carefully.