Falling parallel channel formation on Nifty Spot

2024年3月21日

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.

2024年3月22日

交易進行

so far price has moved favorably as expected...now a breakout is all that is needed for bulls to take full charge

2024年3月26日

交易進行

price tested the upper TL,,,bulls need to show more power to move away from the falling channel

2024年3月27日

交易進行

NS needs a daily close above 22150 (ideally 22180) for bulls to resume the upside move in my view

2024年3月27日

交易進行

price has closed above the upper TL of the falling channel, but not closed convincingly...need confirmation tomorrow

2024年3月28日

交易進行

bulls showed their power today at opening itself....good going

2024年3月28日

交易進行

just 10 more points for previous ATH...bulls did a wonderful job

2024年4月1日

交易結束：目標達成

Fresh ATH done as expected....closed the trade