Monday, April 23, 2012
Nifty P&F (Wk 2304-2704) - more grinding ahead before bullishness returns
Weekly UP (as of last week). Daily DOWN. Daily has broken the BlSL. The weekly chart is showing signs of Bullish Catapult. Which means a 7-column affair before the bullishness returns but the pattern is valid only till it holds 5180, which is very near!
Let's see which way it breaks.