Update on Ascending Triangle in Nifty. Ascending triangle breakout was confirmed with good volumes, but after that Nifty saw stiff resistance near Channel resistance line. A clear increase in volumes are visible after the break out, which signifies accumulation and supoprts the Ascending Triangle's breakout. Nifty may reach the target of the Ascending Triangle 4390 levels, when the Channel resistance is broken up. Will update the macro view on Nifty as usual later tonight. Below is the 5 min chart of Nifty Futures:
Update on June 27 10:30 PM:
Target for Ascending Triangle is reached on 26th June. Below is the 5 min chart of Nifty Futures:
Wednesday, June 24, 2009
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3 comments:
Hi...DOJI
Once again Nifty on your Target Way...
DOJI,
I want to request you somethig
and that is,
Please Update your Daily Performance also means update what u did today and why means seeing which Pattern with Charts,this would be Highly Helpful for all even for Beginners...
Thanks and Please Mark my Words
Manoj,
What every I am putting on the blog right now itself is taking too much time and I do not want to overload myself with additional work :) Hope you understand.
-Doji
YA DOJI,
I can understand but my wish is Just the Charts and the calls u taken, not in deep detail needed
Thank You
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