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hello welcome to Trade bears and bulls.This is quick analysis of nifty with price action followed by it. here it can seen that yesterrday market opened with red candle. then reach to SUPPORT ZONE. Today market opened flat and between it then fall it till our support zone. which is also yesterday`s low. worked as big support. here, we can see a rally from here with morning star pattern. then it took resistance from our fibonnacci line.and went side ways. tried to break out one and then second and third time took resistance. finally broke the line with a huge volume. this called range trading and range breakout. here we can see that yesterdays high worked as resistance.so its also a price action which can be catch. THANK YOU keep following us for quick studies of share market. like share and subscribe.