Channels are very powerful trading tools Check out old post
for CANBK & FINANTECH. I always try to find out if there is any price channel
in formation. One such highly rewarding trade is shown in chart above..
Century Textile is at
channel support. … Trend line support
comes around 375 and 5mlema is at 371…. Break of the same will confirm the
channel breakout …Conservative shorts can be initiated below the same with
minimum sl …. Strength only at the break of newly formed red
channel
No comments:
Post a Comment