Nifty 50 stocks study charts

Friday, November 23, 2012

Nifty 23 nov 12 9:54 AM

                                       NIfty 30 mins chart

Nifty has sustained well above the trading channel but it does not seem to be sustaining on higher level forming RISING TRIANGLE which is a bearish pattern. Decisive breakdown from the pattern will lead to some fall in the nifty.
( I will not be available throughout the day to update this blog will update this on monday)

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