These are my personal musings. These are not in any way meant to be trading advise. To view the full chart, right click and open in a new window.
The Nifty has again proved the psychological supply line true. It really does not matter as of now. The market still seems to be in bullish mode. We also see a rising support line. The short term support may be tested. If it breaks the rising support, we have to do a rethink, depending on the technical position as of then.
Till then it is suggested to continue to maintain a bullish frame of mind.
The Index is continuing a well defined consolidation pattern.
Plan your trades and trade happy.
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3 comments:
iam from mumbai;; presently in Hyd. for vacation;;
follwing ur analysis silently
Int. in Technical Analysis
Can meet u?? or atleast say hi to u on phone??
sekhar
hopefully its not zig zag and hen up ! that would definitely tempt the bear in me ! haha
reg
ketan
I am averse to posting my phone number on a public forum like this. You can look up my name in the directory listed under Dushyant Anand.
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