Friday 10 February 2012

13 Feb

NiftyFuture 5398
Stop and Reverse SAR 5291.
Trend Reversal Down below 5291.

Resistance
5450
5425
Support
5372
5347
HappyTrading

Expanding Triangle getting expanded by making upside False Breakouts everyday,  what is in store remains to be seen ! Nifty closes with an Insidebar on 10nthFeb12,If trades & closes below 5332, then only a sign of correction, otherwise, ride the trend, would be the best strategy, though the Bull rise has been overstreched in Overbought zones !

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