NIFTY IN A PARALLEL CHANNEL
Nifty in a parallel channel, lower green trend line can be considered as a demand and upper trend line can be taken as a supply, one can trade accordingly... like buying at demand and selling at supply..
NOTE : STRICTLY TAKE TRADE IF NIFTY CONTINUES TO BE IN CHANNEL, BREAKOUT ON EITHER SIDES WOULD BE A TREND REVERSAL AND TRADE ACCORDINGLY.
NOTE : STRICTLY TAKE TRADE IF NIFTY CONTINUES TO BE IN CHANNEL, BREAKOUT ON EITHER SIDES WOULD BE A TREND REVERSAL AND TRADE ACCORDINGLY.
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