Channel Update...So far gone according to plan. Lets see if it can break out tomorrow or follows the channel and goes down again.
#breakout If nifty breaks out of the channel of last month tomorrow, could be a good stock to own.
With volatility in global equity markets on the rise, its time to keep close watch on GOLD... Could be the GOLDen trade of the year. Would only enter if it closes decisively above the marked price this week.
After hitting a longterm trend resistance it should take support between 134 & 138. Lets see if next week it gives us a good buying opportunity before expiry.
I will go long only above 346.10. #breakout DIsc: For Educational Purposes
Breakout. I will wait for it to cross 346.10 before entering. Disc: For Education Purposes only.