If we ignore the RESPONSIVE result and initiative move, We get the Channel. As per channel, Final support 70 points far from current trading value. But in the meantime, two supports have existed, which are 10938 previous acted and 10916.
Trade SETUP from this channel,
- PLAN A: Buy Nifty 10917 nearby with stop loss of 10900 below for targets will update after executed level.
- PLAN B: Nifty 10875-55 with protective stop 10840 below is 10900 for targets will update after executed level.
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