NIFTY

DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application of Technical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk

CNX NIFTY (5,528.55) -65.45  -1.17 %

As I had been mentioning in my previous posts that a close below 5528 on Weekly chart is bearish.And Nifty did so on Friday.So do not sell on your fancy,but wait for rallies and sell on topping patterns.

Daily Chart

NSEINDDA

WEEKLY CHART

NSEINDWE

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s