Channel Pattern research on nifty with gravitating price control

Updated
Long white day candle was formed where the price is up by crossing the previous 3 days of the candle.

Control Price (ii) which is spot nifty target (11540) and resistance nearby it. Notice, many times "control price (ii)" shown its strength.

The possibility of Profit booking can be 11525-11580.
Trade closed: target reached
indiaindianstocksNIFTYnsePivot PointsSupply and DemandSupport and Resistance

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