June 28, 2010

Nifty Hourly chart in a channel

UPDATED CHART
CLICK THE CHART TO ENLARGE

  • Nifty Futures hourly channel is shown above.
  • The channel has given support twice. and the top line of the channel has acted as resistance as well.
  • And on friday it has taken support at the bottom line of the channel take a look at the long shadow of the last hour candle.
  • Let's see if the support is able to give a gap up for nifty

5 comments:

  1. Hi San - Keep up this great effort buddy. It is really helpful.Ignore envious/jealous/immature comments of new comers who may not know the established relationship among us.

    I do not visit any other blog than JN,Reuters and INTL Futures. But yours is a big attraction for me. I visit everytime you mention a post. Thank you very much for such a fruitful and selfless effort.

    If you have the time and inclination please accept this suggestion:
    Some speciality must be attached to your site than these lovely charts. What could that be which will force repeated visits without being prompted? Just think. I can think of a set of "Break Out" "Break Down" counters at thresh hold points.

    ReplyDelete
  2. Thank you Raja Sir for those comments. Its a big encouragement when senior traders like you appreciate what i am doing.

    I will try to filter stocks like what you have mentioned.

    Thanks again

    ReplyDelete
  3. hi san..nice comment from raja sir...yes it will look good if u post BO or BD charts....as the one u posted on rcom....thanks and regards...

    ReplyDelete
  4. hi san,

    can you please help me in getting mt4 downloded in my system. and if possible take my system on teamviewer and install mt4 free download. i will be very thankfull to you. please give me your cell no so i can talk to you regarding my problem.

    thanks and regards

    sanjay kaushik

    sanjay_peoples@yahoo.com

    9770220900

    ReplyDelete
  5. @Wormwood
    Thanks for the comments

    @Sanju
    I will Mail you regarding this

    ReplyDelete