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Showing posts with label SYMMETRICAL TRIANGLE. Show all posts
Showing posts with label SYMMETRICAL TRIANGLE. Show all posts

Friday, July 29, 2011

NOW MANTAIN STOPLOSS FOR SHORT TO 50 DAY MOVING AVG CURRENTLY 5520 ON CLOSING BASIS


NOW MANTAIN STOPLOSS FOR SHORT TO 50 DAY MOVING AVG
CURRENTLY 5520 ON CLOSING BASIS ...
EARILER NIFTY WAS TAKING SUPPORT AT 50 DMA
NOW WILL FACE RESISTENCE AT THE SAME

Wednesday, July 27, 2011

UPDATE: YESTERDAY AGAIN NIFTY SPOT ON CLOSE MADE BEARISH ENGULFING CANDLE FORMATION - PLUS A SYMMETRICAL TRIANGLE WITH HEIGHT 245 POINTS ---- BREAKDOWN LEVEL @ 5555 NIFTY SPOT


YESTERDAY AGAIN NIFTY SPOT ON CLOSE MADE BEARISH ENGULFING CANDLE FORMATION

ADD + FRESH SHORT ON BREAK BELOW 5555 ON NIFTY SPOT
PLUS CLOSING BELOW 5555 IS MUST - ELSE EXIT
SYMMETRICAL TRIANGLE BREAKDOWN TARGET 5555-245 = 5310-5340
FOR ST CONFIRMATION NEED TO CLOSE BELOW 5555 NEXT DAY TOO

SUPPORT @ 5495 ON SPOT BREAK BELOW WITH VOLUME
WILL WELCOME FALL OF 50-70 POINTS IN MINS ONLY