IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Thursday, December 11, 2008
CONSOLIDATION AHEAD...
Market has significantly retested its lows and is moving in a upward triangular pattern. However, profit taking can come around NF 2972-3012 with support at 2904-2871. The upward rally is possible only above NF 2832.
I entered the fascinating world of stock market a few years back and have been chasing Nifty since then. Realizing that the market has specific foot prints ,ventured into the world of Technical Analysis. I would like to share here with all visitors what I have picked up so far and would learn in the future as markets are the biggest teachers.
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