S&P CNX NIFTY INDEX FUTURES
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Nifty futures probable price projection

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As it is clear form the chart that price is rejectiing from all time high supply zone.

Price is following a channel and has taken support and moved up. now the price is at same supportive channel.

case 1: if price is respected at the channel then it moves up side till supplyzone and if continues furuther may move much higher

case 2: if price breaks the channel and sustains may reach lower levels.
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if in trade keep sl to 27070
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* it is 26070 bring sl to 26052. as 26000 marks a psychological support.
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looks like taking support at s1 keep at cost to cost
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first lower level achieved

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