Nifty retracted on the control line of the parallel channel C.
If nifty gives channel breakup, we can get our price targets. Or price will be remaining in the channel.
Click here to check the main idea:
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This is a series of videos I am starting so that I can give you guys what I think and am seeing for tomorrow also which stocks to add for tomorrow and how I hold my trades and think during the process :) your fav stocks and you want me to analyze plz comment on...
It seems Nifty is trying hard to get on the roof slab but failing every time. twice it tried and failed and hardly in the gap of 20 days (16 sessions).
Technically Nifty has created a top flat channel again like last time. It always gains volatility in this channel and creates confusion by developing sub-support zones. Basically, the index tries to create steps...
NIFTY FUTURE on 1Hr time frame making an Ascending triangle which shows that NIFTY FUTURE can touch 16000 Mark in upcoming time. Bullish continuous pattern Ascending triangle's horizontal line can be your stop loss. Lets wait for the breakout with good VOL from horizontal line.