Wednesday, May 12, 2010

Nifty : Bullish flag


Bullish flag has formed on nifty hourly chart which could take nifty to 5300-5325 so one could go long in nifty but if nifty starts moving sideways or enter again in flag area then one should exit longs taken based on this pattern.

2 comments:

  1. Wow! Its time to Wave the Flag across the air

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  2. NIFTY CHARTS ARE FORMING RISING WEDGE IN 15 MINS CHARTS. SUPPORT LEVELS ARE 5200.

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