April 28, 2016

Nifty and S&P 500 at Resistance zone

  • Nifty and SP 500 Futures with similar charts. Both are testing crucial resistance level in daily time frame.  A big sell signal or a bigger breakout is possible from here. 
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4 comments:

  1. UnknownApril 28, 2016 at 5:01 PM

    I fully agree with your analysis. I too have the same opinion. Great charting.

    ReplyDelete
  2. jaycobbApril 29, 2016 at 11:55 PM

    50/50 chance for both to happen! So TA is useless in a way ...

    ReplyDelete
    Replies
    1. SanMay 1, 2016 at 5:18 AM

      You can increase the odds with stop loss and other methods. It depends on how you use it and how much patience and work you're ready to put in.

      Delete

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