April 7, 2011
- Google daily chart with 50 and 200 day moving averages. Price seems to be moving withing these two moving averages. So a bigger move will happen once this range gets broken.
- Next daily chart shows a descending triangle kind of pattern. One should look for a breakout from this pattern and confirm it with a break above 50 or below 200 to enter a positional trade.
- Today is the first birthday for my Blog: CLICK HERE TO SEE THE BIRTHDAY POST
- I started this blog on April 7 2010 (MY FIRST POST).
- I was a frequent visitor to JUST NIFTY and liked Masters Dedication and Knowledge of the Market which inspired me to start my blog.
- I have to Thank Ilango Sir for being the first one to comment on my blog, Which inspired me then to continue, and sometimes when my traffic goes down i use to visit my first post which gives me strength to go on. Thank you sir.
- Thanks to all JN Friends for the support.
- Thanks to all my Blog partners. Special thanks to Tim Knight of Slope of Hope and Red Drago Leo.
- 5870 Looks like an important level for bulls and bears.