- 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.