Saturday, February 18, 2012

Nifty P&F (Wk 2002-2402) - don't stress much, let market decide the top!

Recap:

All resistances have been shattered.

Weekly Analysis:


Daily Analysis:


Summary:

All UP and strong! No point expecting a top, let market decide on its own. Have been bullish but it surprised everybody with such an expanded move. Next leg of upmove should be challenging as volatility is expected to increase.

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