INFO EDGE(Naukri): Breakout of Parallel Channel

Info Edge (Naukri) gave a breakout of a Parallel Channel formation on a daily chart with a spike in volume.

The graph may look complicated but try to look at the chart in detail and notice each and every point and channel.
This is a beautiful example of how price behaves in the actual market and how the trendline and different formations on the chart act to give rise to another formation.


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