Daily Line Chart
Half Hourly Chart
Nifty has not been able to breakout from the triangle shown on half hourly charts. However it has maintained above the dotted trendline shown on line charts.There was a lower high and low compared to yesterday's candle but yet within the candle of 8th.
It has been a week of indecisiveness. The 100 point range till thursday betwen 5152-5051 has been within the wide range of last week.Only a move above 5181 or below 4942 , the high and low of the week ended 4th December, will give further direction. Till then chameleons will have to bear up with the whipsaws.
Happy Trading !!