Thursday, November 24, 2011

Nifty

In hourly chart nifty was moving down in a channel.....today it gave a breakout from that channel along with a positive divergence on RSI ,so one can go long and channel breakout target comes at 4860.
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1 comment:

  1. In this environment, depending on hourly chart is not correct. Please see my same view but different approach in www.facebook.com/Niftysparks. Also, see my propreitary trade indicator

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