CHART-II
- Repeated attempts at 6325 to break it was successful. Just like 6284 in the below chart.
CHART-I
- Nifty futures tested 6284 three times before breaking out.
- Now price tested 6325 three times.
- If price testes a support or resistance levels many times eventually it will give a clear breakout.
superb sir...I am a silent follower.
ReplyDeleteThanks Prabha
ReplyDeleteSAN
ReplyDeleteYour charts are very simple to understand. Pls keep posting for followrs like me.
6325 is broken successfuly by 4th attempt means target for 6440? or still higher?
ReplyDeleteSan,
ReplyDeleteAs always a BIG THANKS FOR YOUR AWESOME CHARTS !!!
Nifty Spot did not make new highs. Only the premium got ballooned. Can you also put up a Nifty (Spot) chart on your blog if & when you get a chance.
Tx
Very Nice Simple Way but Still Technical.
ReplyDeleteThx SanSan ( San in Japanese is added like we say Saab)
Thanx Everyone for your comments.
ReplyDelete@Kumaresan
I posted 5 minutes chart today so it is better to finish these trades during intraday especially when the time frame is small.
@nifty
I use to post nifty spot chart but the spot technical is covered very well by ILANGO sir so i switched to nifty futures.