May 3, 2010

NIFTY hour triangle about to break on the lower side

NIFTY HOUR CHART
  • NIFTY HOUR chart is very close to breaking the triangle
  • we have multiple bearish patterns today
  • 15 minutes head and shoulders
  • 1 hour island reversal
  • triangle in hourly chart about to break on the lower side.
  • All said and done 5200 has to break on the lower side.
thank you

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