January 15, 2009

Nifty EOD Chart 15-01-09

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


Daily charts: Short trades still hold SL 2853.

Weekly charts: buy mode with swing reversal at 2800. This is likely to whipsaw as mkts hve been rangebound for 3-4 weeks. Tomorrow is Friday so weekly close will give correct picture.

20 day swing : in sell mode (SL 3150). The earlier BUY signal has failed.

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