Saturday 30 July 2011

1 Aug Triangle not yet broken ! 4700 or 6300 ???

Positional SAR [Stop and Reverse] 5560
Short triggered from 5610 Todays Close 5482 +128 Points
Cumulative Profit from Starting [24June2011] 344+128=+472 Points 

NiftyFuture[5482]:
Resistance
5525
Support
5450
If trades above 5525, then ???
If trades below 5450 then ??? 
HappyTrading


Strong Trendline Support 5450
If trades below 5450  Target 5200 4750 [positional]
But 2 dojis formed @ 5450 means Indeciveness !
TrendReversal or Breakdown ?????
6300 or 4700 ???  


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