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Falling parallel channel formation on Nifty Spot

Indeks Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indeks Nifty 50
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Another parallel channel formation seen (falling channel) on Nifty Spot....if this breaks out we could see a retest of recent highs to make fresh ATH sooner..
This is not a trading recommendation. Pls consult your financial advisor for proper guidance.
Dagangan aktif:
so far price has moved favorably as expected...now a breakout is all that is needed for bulls to take full charge
Dagangan aktif:
price tested the upper TL,,,bulls need to show more power to move away from the falling channel
Dagangan aktif:
NS needs a daily close above 22150 (ideally 22180) for bulls to resume the upside move in my view
Dagangan aktif:
price has closed above the upper TL of the falling channel, but not closed convincingly...need confirmation tomorrow
Dagangan aktif:
bulls showed their power today at opening itself....good going
Dagangan aktif:
just 10 more points for previous ATH...bulls did a wonderful job
Dagangan ditutup: sasaran tercapai:
Fresh ATH done as expected....closed the trade
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