As the uncertainty rules the market, Nifty formed Right-Angled Broadaning Triangle with very low volumes, shown in below chart.
Short trades can be taken on the support line break down, however, risk is high as volumes are very low.
Friday, July 3, 2009
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4 comments:
Dear Sir,
Ur charts are very good and I see ur analysis everyday thanx for that.
Just one request would it b posible to have white background on ur chart so to see levels clearly.
Thanx in advance
Hi Niketan,
Sorry about the colours, but I am not comfortable with white backgrounds. I'll try to do some thing about it in the future but cant promise any thing right now. Thanks for understanding.
-Doji
Also, just wanted to make sure if you are clicking on the image? If you click on the image, a bigger image opens in a new window.
-Doji
yes I do open chart individidually, thanx for that.
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