Nifty moving in a narrowing wedge since March end, i.e. after the Feb-Mar correction.
Within the wedge, there is a channel n control line drawn, 11280, 11471 and 11710 can be expected if it keeps following the trend.
11090 and 11012 are supports within the channel, a big down move may come if it breaks the support line of wedge.
10909 and 10712 are the supports outside of this channel.
Within the wedge, there is a channel n control line drawn, 11280, 11471 and 11710 can be expected if it keeps following the trend.
11090 and 11012 are supports within the channel, a big down move may come if it breaks the support line of wedge.
10909 and 10712 are the supports outside of this channel.