September 6, 2015


  • Nifty week has given a close below the neck line of the head and shoulders pattern. Price has also closed below the weekly cloud.
  • Fib levels in weekly chart shows price testing 38.2% fib level which may give support for bulls.



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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