SOME CORRECTION IN NIFTY CHANNEL PATTERN FORMATION FROM PREVIOUS POST
TODAY JUST TOUCHED RES AT RED CHANNEL UPPER T/L
BREAKOUT ABV RED CHANNEL MAY LEAD NIFTY TO TRADE IN BROWN CHANNEL
UPPER T/LOF BROWN CHANNEL NEAR 6050
TOMORROW IF NS OPENS ABV 5952 AND SUSTAINS ABV 5969-74 RANGE THEN 6050 MAY BE TESTED THIS WEEK ONLY
IF COULD NOT BREAK ABV 5944-48 RANGE TOMORROW THEN MAY DIP AGAIN TOWARDS 5900-5890 RANGE INTRADAY BUT MAY CLOSE AGAIN ABV 5930
TODAY JUST TOUCHED RES AT RED CHANNEL UPPER T/L
BREAKOUT ABV RED CHANNEL MAY LEAD NIFTY TO TRADE IN BROWN CHANNEL
UPPER T/LOF BROWN CHANNEL NEAR 6050
IF COULD NOT BREAK ABV 5944-48 RANGE TOMORROW THEN MAY DIP AGAIN TOWARDS 5900-5890 RANGE INTRADAY BUT MAY CLOSE AGAIN ABV 5930
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