Sunday, December 12, 2010

Nifty Point & Figure (PnF) Analysis - Week 201213 - 1217

Weekly Analysis:



Daily Analysis:


Hourly Analysis:


Summary:

Weekly still DOWN. Daily found support. Hour UP trending.
Immediate resistance: 5560 >> (6080-6100), Support: 5790 >> 5540.

Special Note: TPO for DOWN side calculation: 6007 - 16*10*3 = 6007 - 480 = 5527

1 comment:

  1. Hi Rajib,

    Now that monday was up, what do you think is going on - strong finish for the year before the crash?

    ReplyDelete