4534 REGAINED FAST, IS A VERY GOOD SIGN

ON tuesdays ,nifty made a low of 4530 and jumped back sharply ,to around 4600,but couldnt close above the recent highs,,yesterday 4530 was beoken at open ,made nifty compell to travell much lower upto 4420 around, creating panic,but recovered smartly and today the same level ,worked a resistance initially ,seems to have nicely broken out.

the strusture since 22-07 seems tobe a nice rising channel ,should be broken on the upside in a next few days,to resume its upward journey.