M_M Channel Consolidation

Обновлено
Notes
  • Been in a very tight channel consolidation since 1st of June (797-820). Could give a good move on breaking either of these levels.
  • Both long and short term MAs are currently converging which is further decreasing the range of movement within the channel.
  • Volumes are also declining during the consolidation.



Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
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Still in the same tight consolidation.
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Only that the levels seems to be respected... Still waiting...
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The more it consolidates, the better ;) Volumes are also on the low which is really good for the possible breakout too.
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Just a Beautiful Break!
Chart PatternsM_MTrend Analysis

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