NIFTY SUPPORT AND RESISTANCE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 23, 2010
NIFTY 5 minutes triangle break out
NIFTY 5 MINUTES
- NIFTY triangle break out at 5292
- minimum target of 5312
UPDATED CHART
- NIFTY has not broken the bigger triangle yet.
- keep a stop loss of 5291 for the small triangle break out.
RELIANCE INDUSTRIES falling wedge pattern
RELIANCE INDUSTRIES DAY CHART
- RELIANCE INDUSTRIES is out of a falling wedge pattern.
- stock closed off the highs. Keep stop loss of 1049 for longs
- It may target 1150 resistance region again.
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