Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 9, 2010
Nifty falling wedge in hour chart
Nifty broke down from a rising wedge.
Now it seems we are forming a falling wedge pattern.
On the break of the upside line one can take a long trade.
To avoid whipsaw one can wait for a close above the trend line.
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