Nifty seems to be following the Parallel Channel in the long term view. It has been taking support and resistance near the lower and upper edges of the Parallel Channel. It also have shown the similar behavior with the center line of the Parallel Channel.
We all are waiting for the glorious 16000 mark. :)
Looking at the trend and the Parallel Channel that Nifty...
ROUTE MOBILE LTD is nicely following the Parallel Channel till now. It is a very much of a potential candidate for Parallel Channel breakout with increase in Volume also.
Till now it has been taking Resistance and Support of the Upper and Lower edges of the Parallel Channel. In between it also has shown some resistance level at the center line of the Parallel...