Sunday, August 23, 2009

Update: Bullish AB=CD pattern in Reliance 23th Aug 09

Reliance Chart - 30 min:
Update on Reliance Bullish AB=CD pattern, Reliance broken the high of 1928 which is formed on 20th Aug - Thursday and triggered longs. But it didn't sustain above this level by end of the day. Also there is a possibility of Nifty forming Bearish ABCD pattern, need to be a bit cautious with this.

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