Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 26, 2012
NIFTY Hour and Daily chart update
Nifty hour moving down in a channel and below the hourly cloud.
An up move if happens should breakout above the channel and cloud to negate a fall towards the black support line shown in the daily chart.
Staying within the daily channel will make things easier for bears for completing the pattern.
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