Saturday, October 29, 2011

Most of the world markets have breached BrRL

Click here for this week's Nifty weekly analysis.

US Markets:

DOWJONES Broken BrRL. Approaching resistance near 12370!

S&P500 clear break-out. A channel top still to offer resistance.

NASDAQ broken BrRL. Gradually approaching the channel top.


FTSE though broken BrRL might form an H&S pattern!


NIKKEI too formed a bottoming pattern. However, the market is in long correction mode.

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