DIAMOND BREAKDOWN
- BIDU gives a sell from its diamond pattern shown below.
- Main support lies between 98 and 99. Break and close below this level may push price to the trend line in weekly chart.
DIAMOND OF BAIDU IN DAILY CHART
WEEKLY CHART
- Daily chart is showing a Diamond pattern. Weekly chart is also showing a consolidation pattern.
- Break of the support line may give a correction. But the trend in weekly chart will remain up until the trend line gets violated.
- Break of the resistance line will lead to continuation of this up trend.
- Main support lies between 98 and 99. Resistance at 115 levels.
- QQQQ CHART ANALYSIS
Hi San Bhai
ReplyDeleteNowadays i am backtesting some studies on historical nifty hourly data. The files shared on 4shared by Ilango sir is helping me for this.
But I have nifty hourly data from 22june-2010-till date data from those files.Bhai from where I can get older nifty hourly data..
I use my broker's terminal and they dont provide such data.Please reply whenever possible.
Your Reader.
Vaibhav.