Thursday, May 21, 2009
Update: Broadening Right-Angled Triangle in IDBI
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I posted about Broadening Right-Angled Triangle in IDBI yesterday. Today it didn’t break on either side, instead price moved in sideways. Now Rs.80 gives good support. And the upper resistance line became too steep, price may not move like wise. We might see some shorting opportunities below Rs.80 level.
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