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Trade-Technique
Aug 17, 2020 6:00 AM

Trade Startegy for NIFTY by using parallel channel. 

Nifty 50 IndexNSE

Description

The Gravitation can push prices upward from support 11108.
If the price fall below will create heavy selling.


Let's turn our eye on daily timeframe.

Everything is recovered after breaking the support which was 32% fall.

Support trendline is reacting as resistace.

Comments
aspikaka
Thanks a lot.
ramemrk
Good observation in TA. Keep it up.
Devansh_Singh
Welcome Back...
paciffic2005
Hope Newton's 3rd low of motion
ramesh25
It's raising wedged pattern, more likely short selling once break down
prit_1203
Very pretty chart..like u
UnknownUnicorn6893821
where were you from so many days Kinnari?
UnknownUnicorn6889652
hi ....perfect analysis....#kinnari...nothing to say .....
D_Bhalla
As usual perfect analysis by kinnari the queen of TA.... but followers still awaiting what you planned for them.Nifty of course never fell... and ruined shorters who did shorting without confirmation from ... 🙏🙏
Trade-Technique
@D_Bhalla, thanks....so much
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