INFO EDGE(Naukri): Breakout of Parallel Channel
Info Edge (Naukri) gave a breakout of a Parallel Channel formation on a daily chart with a spike in volume.
The graph may look complicated but try to look at the chart in detail and notice each and every point and channel.
This is a beautiful example of how price behaves in the actual market and how the trendline and different formations on the chart act to give rise to another formation.
The graph may look complicated but try to look at the chart in detail and notice each and every point and channel.
This is a beautiful example of how price behaves in the actual market and how the trendline and different formations on the chart act to give rise to another formation.
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