Indice NIFTY 50

Nifty: Will history repeat itself?

Nifty
Closing Price 15689

- It was on June 01, 2021, when Nifty had touched the channel top at 15660

- Come July 09, Nifty is back to the same levels, however this time it is at lower end of the same channel

So after a month and 9 days basically, Nifty has been running around just to realize that it still at the same place...🤦‍♂️😒

- Nifty was in the red yesterday and today it has formed a perfect doji at important channel support levels

- Similar doji candle was observed last Friday, where the lows and closing levels are similar

- Will history repeat itself...Will we see a similar reaction...???

- Monday should be an interesting day of trade

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