Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 21, 2011
NIFTY Intraday Update
Head and shoulder formation in 15 Minutes chart.
Pattern is not perfectly formed Yet price action looks bearish.
But downward momentum will increase only if the dotted neckline gets broken.
staying above the neckline may attract buying.
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