Wednesday, January 6, 2010

NIFTY 6.01.10


NIFTY SPOT WEEKLY:

"RISING WEDGE": NIFTY HAS FORMED RISING WEDGE AS SHOWN ABOVE , WILL HAVE TO WAIT TO SEE IF IT BREAKS OUT OF THIS PATTERN OR BREAKS DOWN

NIFTY HAS ALSO FORMED DOJI'S IN TODAY'S CHART WHICH IS ALSO TREND REVERSAL INDICATOR

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