November 12, 2010

A day for the bears

  • Nifty futures 5 minutes chart with ichimoku cloud and trend line.
  • See the power of the trend the cloud is not even touched once by the price, Even though it is the 5 minutes time frame.
  • Every rise of NF was sold off.
  • 6090 was an important level a trend line in 4 hour time frame is violated. 

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