Will nifty remain range bound or trend change?

The nifty remained range bound, clearly respecting the July'23 low of 19234.40.

Candle Analysis
Doji Candle from support , Follow up with morning star and inverse hammer and another Doji Candle at resistance or ema 20.

Strategy
i) If market remain range bound - Buy dip and sell at supply zone (19234.40 to19482.75)
ii) If resistance break; T1 19634.40, T2 19704.60
iii) Jul'23 low will be a key support level

Thanks
-aj

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Transakcja zamknięta: osiągnięto wyznaczony cel:

t1 & t2 achieved !!