Thursday, November 24, 2011

NIFTY CUP AND HANDLE PATTERN IN MAKING ?

As shown in chart nifty is making cup and handle pattern in 5 minute chart, so if 5 min candle on closing basis if closes above resistances 4710, 4720 it will target 4790-4800, stop loss for this trade will be close below recent trough which is right now at 4672.35
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