Am looking forward to seeing how the chart will look at the EOD and week. That support zone that you added looks to be where IPL may well drop into. Will keep akeeping an eye out for that bounce. Understand the point that you made re the differences bw the charts and the trading side of things. Will also be looking for that sidewards channel to be created for a couple of trades around the new support and resistance zones once they have developed.
Looking at my daily of NWZ, I have this feeling that the markup phase may soon start to begin. Will be watching that one closely to see how it unfolds this week.
