Saturday, January 19, 2013

Nifty analysis as per eod chart


Nifty eod chart showing that last candle is making spindle top above  out side of channel
next negative closing will give reversal signal  and positive closing will indicate uptrend momentum ...
Nifty moved up with OI addition so  bulls are in power ...
we have to ride on waves  according to intra day moves.

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