Yesterday after giving around 62% correction of the recent rally from 5663 – 5970, by making low of 5791 Nifty is at 5917 up by 126 points. If we see the daily chart then Nifty has formed inverse Head & Shoulder pattern, where the left shoulder formed at 5853 (15/02/2013), Head at 5663 (04/03/2013) & assuming today’s low of 5791 as right shoulder, then neckline breakout of this pattern comes to 5971. If Nifty crosses & sustain above its breakout point of 5971 then midterm possible target comes to 6279.
Friday, 15 March 2013
Friday, 1 March 2013
Jesse Livermore
"People Who Look For Easy Money Invariable Pay For The
Privilege Of Proving Conclusively That It Cannot Be Found On This Earth."
Thursday, 14 February 2013
Saturday, 26 January 2013
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