NIFTY-Bullish Parallel channel

NIFTY seems to have been in a bullish channel since Dec23.

No trade plans yet. Watching this channel

İşlem aktif:

Price continued within the channel. Price trying to reach the top of channel. Lets see if respects the channel or reverses before reaching the top of channel.

Yorum:

price still within the parallel channel
Seemed to fell before the upper boundaries.
If price moves back up to top boundaries, we can expect the bullishness to be reviewed, else can induce small bearishness.