Friday, November 20, 2009

On 20th Nov, we had Popgun Pattern (previous day bar is inside bar). Nifty has given last chance to short at the end of today's trading. Coming week will see downtrend.

Wednesday, November 18, 2009

Hanging man Pattern on Nifty

On 17th Nov. Nifty made Hanging man candlestick chart pattern. We have got the confirmation of the same on 18th Nov. It looks we are in for significant correction from 20th Nov. This also coincides with price-volume diversion.