as all auto sectors are running but maruti showing a range moment till now,
if it breaked the upper yellow area then a huge rally will be made what if it breaked the flag trend then a short term downtrend will be there
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Channels are price ranges that a stock or other investment trades within over a period of time.
The chart above illustrates the key aspect of channels. They can reveal potentially important price levels, from a chart analysis perspective.
Chart users attribute these signals to the psychology of individual investors attaching significance to price points that are...