Monday, January 13, 2014

Nifty Technical chart Analysis

Hi friends,
                   Revisiting nifty again its been in same range for about a week now
6250 to 6140 either side break we can expect some trending move,Retest of breakdown
trendline took place yesterday,I expect one more retest by this week to complete pattern
for down sidemove to continue.
Lets wait for the range to break ,To witness a trending move ,Last week saw many intra whipsaws
which took lot of intrday stoplosses.

Trade wisely



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