Thursday, June 18, 2009

Expanding Triangle in Nifty (Futures)

Nifty futures is exactly at the support of the expanding triangle, also it formed a bearish flag and pole pattern and gave break down for it. If nifty gets breaks down from the support of the expanding triangle with good volumes prices my slip down further to reach the flag and pole target.

2 comments:

Saif on June 18, 2009 at 11:17 PM said...

hello doji...i must say your analysis is good and the patterns give a lot of insight into practical ta approach...i have just about started to trade using a ta approach...i have few doubts to ask you on making a career and related in trading/capital markets...if you could provide email id it would be very helpful...

Doji (Blog Author) on June 19, 2009 at 8:32 AM said...

Hi Shaq,

Thanks for appreciation. You may reach me at doji [at] chartreader.co.in

Doji

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