nifty broke out from falling wedge with good volumes and with a big spread but then went into sidways movement which threatened the quality of pattern and now looking at sgx its sure we are going to have huge gap down which will invalidate the pattern.
oh... it's very good news for me... is it possible before our expiry? as US market is falling down?
ReplyDeleter u posting in during market hrs also? or today is a surprise? cos this is the first time i am posting and visiting ur blog.
Thanks for your stuff...
hi sujatha,
ReplyDeletenifty broke out from falling wedge with good volumes and with a big spread but then went into sidways movement which threatened the quality of pattern and now looking at sgx its sure we are going to have huge gap down which will invalidate the pattern.