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Again Mid-Channel Line and 50 hours EMA rescue Nifty again.

Índice Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Índice Nifty 50
Trend Analysis Support and Resistance Candlestick Analysis midchannelsupport NIFTY nifty50 niftyhourly niftyindia spotnifty niftyanalysis niftytrend
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trendanalysis supportandresistance candlestick midchannelsupport nifty nifty50 niftyhourly niftyindia spotnifty niftyanalysis niftytrend
Again today 'Mid-Channel Line' coming to rescue Nifty on hourly chart. Mid channel line and 50 hours EMA where both near each other and formed a dual support for Nifty and rescued it from falling further. Falling below 18581 will decrease the strength of rally and in this case the Nifty can fall more towards 18495 and 18433. it looks line Final support for ongoing bull run is near 18336. Resistances for Nifty are near 18649, 18690, 18721 and 18778.
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