Wednesday, March 17, 2010

Nifty : Rising Wedge???

It looks like nifty is forming rising wedge on hourly chart, any fall below 5170 with volumes could take nifty to 4850 level.

2 comments:

  1. Not Hourly Chart Daily Chart
    Bhavesh Gelani
    +91-99250 36399

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  2. Dear Renu,
    The value of the lower trend line forming the rising wedge must have risen since your post.What is the value for Monday?
    Best

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