Friday, July 3, 2009

Right-Angled Broadaning Triangle in NF 5min (3rd July)

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.

4 comments:

niketan on July 3, 2009 at 4:42 PM said...

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

Doji (Blog Author) on July 3, 2009 at 10:29 PM said...

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

Doji (Blog Author) on July 3, 2009 at 10:32 PM said...

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

niketan on July 4, 2009 at 11:51 AM said...

yes I do open chart individidually, thanx for that.

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