Tuesday, December 14, 2010

Nifty Point & Figure (PnF) Analysis - Week 201213 - 1217 - Update on 1412

This is a mid-week update. Joda, I think we still need some confirmation.

Hourly Chart:


Daily Chart:


Summary:

A decisive move above 6135 only confirms a new high. Until then all DOWN side possibilities exist. Movements might be in sideways till the week comes to end.

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