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Trade-Technique
Jan 20, 2021 6:39 AM

I've outlined about the BreakOut of parallel channel & New High 

Nifty 50 IndexNSE

Description

In the previous posted idea, I've outlined about the Break-Out of parallel channel and New High. The price is 14623 which is little far from ATH(All-Time-High 14653).

I hope that you could understand what am I writing in my idea. If you could have got me, Profit can be 185 points calculated from breakout.

Thank you all who always support me.

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Comments
ashutoshmaske555
what do u think about 2moro? will nifty go up or down?
Mkintell
Impressive... Very impressive
Upen1973
There is a huge Nifty Future supply zone between 14609 and 14633. So this level will act as a huge resistance. There is a greater possibility that market will take a U turn at this level.
SHAKYASHUBH
there is no up or down in market! only setup... ✨
akhil2fast
Ur sounding like an astrologer than Financial Analyst
Stock goes up ur right
Stock goes down also ur right
Trade-Technique
@akhil2fast, if the price could up-breakout the channel without the new high, then I failed. I hope you understand. Let me explain to you another word, suppose the price broken upward the channel .. and not created new all-time high, then my work was failed.
ATradingJourney
Two view analysis is easy for those who know the basics of technical analysis. But the only masters can provide the one-way direction in their technical analysis.
Trade-Technique
@kapkoti, check out my profile and you will get one-way direction
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