Nifty Weekly Chart
Friday was a day of volatility as can be seen in the intraday chart below. The result was a long legged doji. This candlestick has long upper and lower shadows with the Doji in the middle of the day's trading range, clearly reflecting the indecision of traders.
Weekly Chart Showing positive divergence which raises hopes of a bullish breakout.
Anyone interested in joining me can write to me at email@example.com to subscribe to the picks Nishit Vadhavkar (he blogs at money-manthan.blogspot.com) and I have made. We have a report on Gold too !
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!