Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 28, 2015
NIFTY Chart update
Nifty month chart shows no weakness yet.
Bearish candles during this up trend is followed up by bigger bullish candles.
The resistance line shown above has to work for bears to stop the current up move. If price closes outside the boundaries of the wedge pattern, Bigger up moves are likely.
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