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The_crackerjack
Nov 2, 2020 1:40 PM

TATA STEEL chart and using parallel channels 

TATA STEEL LTDNSE

Description

This is TATASTEEL 4 hour time frame chart.

When the market breaks the parallel channel, then the movement of the market is a downside,


it means that the parallel works as the channel support and resistance.


I think if the 3 parallel channels are broken then the market will be down


1)parallel channel

2)support

3)resistance

Thank you

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