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Trade-Technique
Nov 18, 2020 6:11 AM

Parallel Channel - Resistance Range 13003 to 13088 & "C" attract Short

Nifty 50 IndexNSE

Description

Zoom In to verify the range of the channel.
Upper Band Potential Reversal Zone (PRZ) - 13003 to 13088


Parallel Channel's Resistance zone.
The "Control Price" will attract value towards it.




Previous work on the Same channel:

Comments
Upen1973
It is now liquid-driven market. Only big players know where they will take it. No fundamental or technical analysis is working yet people are coming every day with a new level. It is nothing personal and I respect you as you are one of the best analysts on this forum but I think things are happening in a different way now a days. There is not even a single reason for Nifty to scale this high but it did. And nobody knows how, fundamentally or technically.
Chart_Asset
excellent mam... Any stock if you have time as per wave analysisi
SAI_Asha
@Kinnari_Prajapati ... Awesome analysis Ma'am...
Sorry to ask... Can you please tell me what made you choose the resistance band level? Is it due to upper channel?
Trade-Technique
@SAI_Asha, yes it upper resistance line of the channel..
IntradayTradingz
Mam your last time analysis failed very badly.
Trade-Technique
@IntradayTradingz, it was reversal area but there was not Tbar
AMBRISH
Thanks for the reversal level.
Trade-Technique
@AMBRISH, welcome
SANTOSH_NIFTY
Bank Nifty...? Mem
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