Tuesday 10 May 2011

11 May AscendingTriangle brokenDownside !

NiftyFuture[5546]-
Resistances
5605
5570
Supports
5522
5497
If trades above 5605  Target 5680.
If trades below 5497, Target 5425
Happy trading !
 Ascending triangle broken downside,below 5570,Hence
5570--5605 acts as a Strong Resistance !
Height of the triangle 150 points,
Now NiftyFuture Target, 5420  sl 5605 
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