M_M Channel Consolidation

Jun 13, 2021

Notes

• Been in a very tight channel consolidation since 1st of June (797-820). Could give a good move on breaking either of these levels.
  
• Both long and short term MAs are currently converging which is further decreasing the range of movement within the channel.
  
• Volumes are also declining during the consolidation.
  

Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.

Jun 15, 2021

Note

Still in the same tight consolidation.

Jun 16, 2021

Note

Only that the levels seems to be respected... Still waiting...

Jun 17, 2021

Note

The more it consolidates, the better ;) Volumes are also on the low which is really good for the possible breakout too.

Jun 20, 2021

Trade closed: target reached

Just a Beautiful Break!