Thetradingmyopic

Parallel Channel get's broken

NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
Greetings Traders,

The price is in a ranging market. Price is getting consolidated.
The time will come when the price will break the parallel channel, we might get a confident target of buying or selling.
We should wait!!!!!

Sometimes it would not break the parallel channel and travels within if it touches the support line, it is a SELL signal and if touches the resistance line, it is a BUY signal.
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