Tuesday, September 1, 2009

Nifty


Double top formed in nifty ,now nifty could target 4540.

2 comments:

  1. A FEW DAYS AGO YOU HAD SAID THAT NIFTY HAS FORMED A DOUBLE BOTTOM AND IT WILL TOUCH 4950 ; PLS COMMENT WHAT DO YOU FEEL NOW? WHICH SIGNAL SHOULD BE TAKEN AS CORRECT, THE DOUBLE TOP OR THE DOUBLE BOTTOM ?

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  2. hi aiii,

    as per my knowledge i would consider double bottom pattern faliur if nifty closes below its confirmation point which was 4614 in that case and today nifty closed at 4608 so double bottom pattern failed.

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