NIFTY 5 DAY 5 MIN:
TRUST ONLY TREND: IF YOU REFER TO MY PREVIOUS POST(CLICK ON LINK ) WHERE I HAD DRAWN TREND LINE (IN YELLOW) ,WHICH I HAVE EXTENDED IT IN TODAY'S CHART (IN BLUE)
http://ritesh-researchreports.blogspot.com/2009/11/nifty-fut-301009.html
AS EXPECTED IT TOOK RESISTANCE AT 4725(ARROW)
ONCE THAT TREND LINE RESISTANCE WAS BROKEN IT MADE DAY HIGH OF 4734.95
HEAD AND SHOULDERS : NF MADE H&S PATTERN WITH NECKLINE BROKEN AT 4710
** THE ABOVE CHART IS SELF EXPLANATORY
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