Banknifty: Ascending Channel Pattern

2021年11月21日

Ascending channel Pattern: Prices moves in a range taking support and resistance of a channel, by and large in a uptrend manner. I have explained this technicality in the above video, so please comment your views and let me know. Happy Trading Everyone.

2021年11月26日

注释

BANKNIFTY opened gap down today just below the lower support channel, hence giving a breakdown. Bank Nifty is now in a down trend and the lower channel which was the support will be the immediate resistance.