Thursday, November 19, 2009

NIFTY FUT 19.11.09(B)


NIFTY 5 DAY 5 MIN:

IF YOU REFER TO PREVIOUS DAYS CHART NF HAD CONSOLIDATED AND HAD MADE SYMMETRICAL TRIANGLE AND THERE WAS A BREAK DOWN IN TODAY'S CHART WHEN IT OPENED ON A NEGATIVE NOTE.

I HAVE DRAWN A SUPPORT LINE IN TODAY'S CHART FROM WHICH NF HAD GIVEN BOUNCE FROM THERE OR HAD TAKEN SUPPORT ON THAT TREND LINE DURING THE DAY.

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