Friday, January 17, 2014

Nifty technical chart 17th january

Hi friends,
                   Nifty is very much in triangular move,In last post i had mentioned about d up
we can see nifty has almost reached there.Refer to last post Nifty technical chart .

Now in current scenario till nifty doesn't cross 5360 ,It would be assumed its in d up
Why i had to think about this because sensex did break 2 nd jan high ,Though it
came back a bit after crossing it.
  Today or max by friday we should know whether e leg fall of triangle happens or
nifty tries diffrent things :).



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