Mighty Nifty - Weekly Review Nov 21 - Nov 25

Price is trending in a upward channel in one hr chart and whenever price is testing the upper trend line it is falling towards the lower trend line. We experienced volatile range move last week. As long as 18000 is holding, bulls will come and buy in dips. The expected resistance levels are 18480 - 18520 and 18600. The expected range for the market movement in this week is 18000 - 18520. Price will be volatile, but your mind should not be volatile to handle the it. Support levels are 18040, 18280, 18360.
Parallel Channel

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