October 26, 2010

The line of attraction

  • Nifty Futures line of attraction. Price tries to move away and it gets pulled back to the line.
  • Its like a rocket trying to move out of earth's gravitational pull. So the solution is simple, generate enough thrust or momentum to escape the gravitational pull.
  • So if this continues like this we can expect to see a good directional move after the breakout. 

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