This channel still not confirmed completely. 8836 is resistance to push price 180-300 points -ve.
We created a parallel channel by looking at market (a), (b)…(e). If you look at this chart and drawing minutely, then you will found that where are maximum points(dots). That is called gravitation to attract the price value. In the future, while the pullback price tries to test this line in the coming days.
The price very near the yellow gravitating line ()yellow which is 8912 nearby.
- three market ranges (1,2,3) which range defines
- the 50 percent division at 6926.8.
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