June 15, 2010

Nifty hour chart trend line break trade

UPDATED CHART NIFTY GETTING SUPPORT AT 5170 - 5180
  • Nifty has broken an important trend line in hourly chart.
  • Need price confirmation below 5155 for shorting
  • Below 5155 the fall may become faster.

3 comments:

  1. hi san
    nice chart
    can v have 5sma and 20 sma crossover in same chart.
    ur doing a wonderful job
    keep it up

    ReplyDelete
  2. Thanks Saurabh sir

    I will upload the charts.

    ReplyDelete
  3. @Saurabh sir
    I checked the setup told by you. I would suggest you to have some more confirmation with other indicators. Because there were lots of whipsaws.

    ReplyDelete