This blog attempts to analyze movement of Nifty through the age-old Point & Figure method.
Weekly chart would imply the movement of Nifty for the weeks to come and not necessarily the immediate next week. Same is true for other time frame charts. As price action unfolds every week the charts speak for due course of action.
DISCLAIMER: NOTHING IN THIS BLOG SHOULD BE TAKEN AS TRADE ADVICE
Thursday, November 4, 2010
Daily Chart of Unitech:
Considering lots interest floating around the Unitech, thought of putting up PnF view point of the daily chart. The details are explained in the Chart itself.