Monday, July 20, 2009

Confirmation of Faliure of Head and Shoulder pattern both in Sensex and Nifty

Nifty

Sensex

1 comment:

  1. Hi Renu,

    Nifty's right shoulder is at 4508. And yesterday's close was at 4502. Hence the H&S was not violated. The result is evident in today's market action. Hence we should be heading down to 3730.

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