September 3, 2010

Nifty Intraday update

CHART - V
CHART - IV
  • Nifty should start to move up according to this pattern. Keep day low as stop loss

CHART - III
  • 5475 is violated but NF is finding support around 5470 region. 

CHART - II
  • If NF breaks the white trend line a long trade towards the upper end of the range is possible for 15 points.
  • If the lower line breaks at 5475 one can go short
CHART - I
  • The range that developed yesterday is still intact.
  • Once the range is violated combine it with Ilango Sir's levels to take a trade.
Thank you

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