Monday, March 29, 2010

NIFTY DAILY 29.03.10



NIFTY DAILY CHART :

TRENDLINE BREACHED: NIFTY DID BREAK THE TRENDLINE AT AROUND 5318 AND MADE A HIGH OF 5329 , BUT CLOSED BELOW THE TRENDLINE(BLUE) AT 5302

RESISTANCE LEVELS OF 5295 AND 5310 WERE BROKEN TODAY ,THUS NEXT LEVELS TO WATCH OUT WOULD BE 5335 AND 5345

1 comment:

  1. I like your blog posts. However a part of the technical analysis is to understand past data/patterns and another part of the technical analysis is to project/postulate possible future move and even trade plan with possible entry, exit and stop levels. That would offer a fuller and complete analysis.

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