Half Hourly Chart
Negative divergences on oscillators intact. The uptrendline of the recent upmove has been broken. The rising wedge shown on the chart is broken and gives a target of 5472.The expected pullback mentioned in my post for today may have started.( Read it here http://vipreetinvestments.blogspot.com/2011/06/reigning-nifty-30th-june-2011.html )
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
3 comments:
Hello Mam
Doesnt this short term chart look like the Nifty chart of 5 years(2008 Fall(panic in Oct) ,rounded bottom and The V-shaped recovery ?
Regards
Sachin
sachin can u put the 2 charts on the discussion forum? So I could try to see ur point of view?
http://vipreetsafetrading.com/forum/
Hello Mam
The link is :
http://www.google.com/finance?q=NSE:NIFTY
In this one should check the 1 month chart and the 5 Year chart.
Thank You
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