April 23, 2010

NIFTY 5 minutes triangle break out

NIFTY 5 MINUTES
  • NIFTY triangle break out at 5292
  • minimum target of 5312
UPDATED CHART
  • NIFTY has not broken the bigger triangle yet.
  • keep a stop loss of 5291 for the small triangle break out.


    4 comments:

    1. hi san,

      also try what piyush suggested as another triangle

      nice chart.

      best wishes

      ReplyDelete
    2. thank you shine. i will try to draw the other pattern.

      ReplyDelete
    3. thanks san,

      piyush, hope you see this.

      ReplyDelete
    4. Hey San,

      have a look on the chart posted here:

      http://tradingontechnicals.blogspot.com/2010/04/nifty-5-min.html

      ReplyDelete