My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 8, 2012
NIFTY Futures intraday update
CHART-II
False spike above the range. NF Falls back into the range
CHART-I
NF is in a range between 5332 - 5414
2nd chart shows price contraction in an ascending triangle like pattern. Breaking support or resistance line of this pattern may give good direction for NF.
thanks for the graphical representation.
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