#NIITTECH NIITTECH In a Channel Formation, Right Now Prices are Right on Upside Channel End, Which is a Resistance, So Prices Can Bounce Lower, But When Prices Breakouts of The Channels In The Direction of It (In This Case The Direction is Up) Then It is Considered Bullish, And To Project a Price Objective You Need to Measure The Width of The Channel and Project It From The Point of Breakout In The Direction Of Breakout.