Parallel Channel defined validation, more than 2 price is used to find price point by connecting at least minimum two price in degree.
TCS trading price at DECISIVE zone for further direction: up-break or follow the channel as projection. If price is continue call follow the price parallel channel, the first target is at 1977 nearby.
Observation by using PRICE ACTION with Volume: No INVALID sign of any kind has been seen yet. That's why we have no clue for selling. In terms of price and volume, the rhythmic seems moving. Possibility for up-break out or wait for sign of invalid candle
Gr8 analysis. But we have been requesting you for index which is nifty.and u had said also that it wud be easier for you to work on index than individual stocks. It is strange why you are not working on nifty when so many of us only deal in nifty and are requesting you again and again I hope you will consider 🙏
Jay_shree
⋅
@D_Bhalla, Thank you for writing me with your views and suggestions on socialized. Surely, I update nifty or bank-nifty before the Monday.
Jay_shree
⋅
@D_Bhalla, will respond as soon as on nifty. thanks once again.
zoebklakdawala
⋅
So clear buy above 2050 and sell below 1977 is what I take let me know if I missed something
Jay_shree
⋅
@zoebklakdawala, Yes, I think market will fall from Monday... wait for nifty update..