weekend charting easter, page-70

On NSE, of course the bottom of the current ascending channel may hold and it could continue in this higher channel. But it just looks all set to get broken as far as the indicators and price and volume action are concerned. Also this bottom band of the ascending channel (the top of the previous ascending channel) has been piereced on Wednesday which weakens it IMO. Then yesterday price got back up on very low volume so its now in a bit of an empty zone where price usually cracks one way or the other fairly hard. Given the heavy volume on Wednesday it looks like its going to break down to me.