Nifty Intraday update

NIFTY FUTURES HOUR CHART

5 MINUTES CHART

• First chart is the hour chart of nifty futures which is trading near the resistance line of the channel.
• So i am expecting a small correction from here. The correction can also be sideways before the larger trend continues.
• Second chart is the 5 minutes chart with the gap created today.
• Chart shows break of day high. If NF sustains above 5731 another up move possible.