Thursday, October 8, 2009

Intraday Post


Looks like nifty is moving in a triangle in hourly chart so upper trendline could provide resistance for further up move.
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Update at EOD
Lower trendline provided support (chart above) also nifty just managed to close in the rising channel(char below).

2 comments:

  1. Triangle break down side.

    go short for tom.

    Please advise me.

    Ranjeet.

    ReplyDelete
  2. Hi ranjit,

    Posted chart ,hope it clear all doubts.

    ReplyDelete