Sunday, May 15, 2011

Nifty : Bearish Flag?

Nifty has formed bearish Flag on daily chart........if nifty breaks down below 5450 with good volumes then it could test February lows.

3 comments:

  1. when too many people look at the same thing, it puts doubts.
    Still would look at the Price Action as trend no doubt on weekly is also down.

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  2. True,alphabet...... the pattern fail when everyone is talking about them.

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