Nifty 50 Reached CHANNEL Top. Wait for Breakout, which direction
Updated
Nifty 50 reached again "CHANNEL" Top. Wait for Breakout to confirm which direction. If Breakout above the Channel Top, it will become Very Bullish. Otherwise, it may come down.
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Nifty 50 did not Breakout above the Channel. And market is coming down, Trendline is the confirmation. Refer this image :
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