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marketaffairs
Aug 23, 2021 10:51 AM

Trend Line Inside the Uptrend Channel Education

EMAMI LTDNSE

Description

NSE:EMAMILTD
Trend lines can be drawn in between the trading channels, that's means a trend line inside the trend lines (channel). Market already break this inside resistance line, so we can easily take a long position using "Buy Stop" or "GTT" order. Because the stock or chart it self break the resistance line, so you can say this is a upside breakout inside that nested uptrend.
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