Monday, June 02, 2014

Banknifty trades in Triangle ahead of RBI Policy

Hi friends,
                  Banknifty is trading in a classic textbook triangle
with clear 2 waves in each leg look at the chart below .
Banknifty trades in Triangle ahead of RBI Policy
According to chart if 14700
holds we are heading higher
in d leg of triangle .
Overall a nice triangle squeeze underway.







Regards
Rish 

1 comments:

Ankit Solanki said...

Hi Rish,
Can u pls post ur count on dishtv. Stock seems to be interestingly poised.
Thanks

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