Nifty 50 IndexUpdated Falling parallel channel formation on Nifty Spot
Another parallel channel formation seen (falling channel) on Nifty Spot....if this breaks out we could see a retest of recent highs to make fresh ATH sooner..
This is not a trading recommendation. Pls consult your financial advisor for proper guidance.
This is not a trading recommendation. Pls consult your financial advisor for proper guidance.
Trade active
so far price has moved favorably as expected...now a breakout is all that is needed for bulls to take full chargeTrade active
price tested the upper TL,,,bulls need to show more power to move away from the falling channelTrade active
NS needs a daily close above 22150 (ideally 22180) for bulls to resume the upside move in my viewTrade active
price has closed above the upper TL of the falling channel, but not closed convincingly...need confirmation tomorrowTrade active
bulls showed their power today at opening itself....good goingTrade active
just 10 more points for previous ATH...bulls did a wonderful jobTrade closed: target reached
Fresh ATH done as expected....closed the trade
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