Nifty analysis for 26/04/19


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Nifty posted high exactly on green line which I have made red now. So it is taking resistance on this line. I have drawn a green line connecting low which is now support line. So now nifty may move in this upward channel. Breakout to this channel to any side is important. Considering earlier up move from 10585 to 11856, possibility of lower side breakout is more. Lets see.

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