Yesssss!!!
Chart patterns depict me to go with the above titled view
Nothing much to explain here....Nifty has been travelling in a parallel channel making higher highs and higher lows
Right now, its is at the bottom support of the parallel channel getting ready for the next leg of upmove...
If this holds good, it may break ATH!!!
Let's wait and watch!!!!
Target levels mentioned as white lines ,Day candle closing out of the channel welcomes bears into play.
We can wait for the 2 HR/DAILY breakout out of the yellow trendline and make our entry and setting SL at the low of the Breakout candle....
will update once it breaks out!!!
This is just my view...not a tip nor advice!!!
Thank you!!!
Chart patterns depict me to go with the above titled view
Nothing much to explain here....Nifty has been travelling in a parallel channel making higher highs and higher lows
Right now, its is at the bottom support of the parallel channel getting ready for the next leg of upmove...
If this holds good, it may break ATH!!!
Let's wait and watch!!!!
Target levels mentioned as white lines ,Day candle closing out of the channel welcomes bears into play.
We can wait for the 2 HR/DAILY breakout out of the yellow trendline and make our entry and setting SL at the low of the Breakout candle....
will update once it breaks out!!!
This is just my view...not a tip nor advice!!!
Thank you!!!
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