Wednesday, June 24, 2009

Channel in Nifty June 24th

Nifty is moving in a channel, Nifty may take support from the support line of this channel. Or if it breaks the channel, then watch out for big volumes at the breakdown. Below is the 5 min chart of the Nifty Futures:


Update at 11:00 am:
Not a clear break down from the channel. No volume confirmation.

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