January 13, 2009

Nifty EOD Chart 13-01-09

This is for education purpose only and may not be useful for trading



Daily charts: Short signal generated on 9-JAN. Trend down with SL 2830.
Weekly charts: buy mode with swing reversal at 2800. This is likely to whipsaw as mkts have been rangebound for 3-4 weeks.
20 day swing : in sell mode (SL 3150). The earlier BUY signal has failed.

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