April 10, 2014

 
  • Bank nifty closed above its recent swing high on daily time frame.
  • Weekly chart shows price testing weekly swing high's
  • Last chart shows price staying above 5 week high ema on closing basis and thus keeping the strength of the trend intact.



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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore