August 12, 2010

NIFTY'S TRIANGLE PATTERN

  • Nifty futures is showing a possible triangle formation in 5 minutes time frame.
  • The break out on either side can give at least 50 points.
  • Since it is a triangle it can give false breakouts before deciding its path.
  • NIFTY SPOT HOUR CHART WITH  FIBONACCI LEVELS

1 comment:

  1. The Nifty future (Sep.) closed at 5419.75 i.e. at a discount of 0.85 points vs. premium of 5 points and added
    112150 shares in open interest.
    All Stock future Tips and Nifty future Tips you can get from my blog. You can also check it Stock Options tips

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