vanathi

Mothersumi - Will it break the upper channel?

NSE:MOTHERSUMI   None
9
It has been observed from Jan 2017 price action is moving inside the upward channel. As the price is trending up, the volume seems to be reducing. Now the price is at the upper side of the channel. Will the price move up breaking the channel or it will move towards the lower side of the channel? Experts please comment.

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