Thursday, October 22, 2009

Broadening Formation in Nifty


Lower trendline of this broadening formation has been providing support for last one month,lets see whether this trendline again provides support to nifty this time.
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3 comments:

  1. MCX Gold SilverOctober 22, 2009 at 9:40 PM

    thanks

    ReplyDelete
  2. afzala.comOctober 23, 2009 at 9:44 AM

    asin ur previous post the trend line has broken yesterday but today if the maket bounce back then technical analysiis proves to be wrong

    ReplyDelete
  3. RenuOctober 23, 2009 at 10:30 AM

    hi afzal,

    yesterday the trendline got broken so today it should provide resistance to nifty for further up move ,its value is 5062 for today.

    ReplyDelete

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