March 22, 2012

Nifty intraday Update

  • Break of 5329 gave a good short trade. Triangle discussed in four hour chart too has given a breakdown.
  • Nifty 5 Minutes with the range 5329 - 5385.
  • Break of the above mentioned level should take nifty towards the Triangles support or resistance lines shown in Four hour chart. A bigger breakout once the triangle gets resolved.

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