Saturday, December 17, 2011

Nifty P&F (Wk 1911 - 2312) - Bears target channel bottom 4580!


Once again was wrong in expecting market to move another 100 points 4900. But having an alternate view helped exiting longs on break of BlSL.

Weekly Analysis:

Daily Analysis:


Weekly & Daily both down. A weak chance of double bottom. Most probablistic target for bears 4580 >> 4500.

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