August 6, 2010

Double top in nifty futures

  • There is a potential double top formation in nifty futures line chart.
  • If the index stays below 5452 will work well. Break of 5426 will give momentum for the down move.
  • If price goes above 5471 the pattern is invalid.
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1 comment:

  1. StockAugust 9, 2010 at 5:54 AM

    The Five Horsemen of the Apocalypse (Good charts, please visit and comment)

    http://oahutrading.blogspot.com/

    I have my own version of the VIX on there.....check it out.

    ReplyDelete

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