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NIFTY Finally Broke Parallel Channel.

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Nifty was heading toward a congestion zone from 18300-18500. It had started to create 18350 as major resistance. Need to see if it sustain below the trend line on DAILY BASIS...
When we looked at previous charts, nifty was being held tightly, last few candles showed shallow candles. Now in charts supports have been made, keeping in mind there are few gaps left in nifty and trade causally.
Major even ahead - Annual Budget. Hope the market has not capitalized on such an event.
Happy investing, happy trading.....

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