Total Pageviews

Monday, December 31, 2012

Nifty :--Consolidation

---before we get a major rally .....Looking at a some of my favorite indicators for varying periods....
parallel channel looks to be the best consolidation formation here....averaged my shorts today .





The arrow head shows what I am targeting. Holding Puts.

7 comments:

  1. WISHING A VERY HAPPY & PROSPEROUS NEW YEAR .

    With Warm Regards
    RV

    ReplyDelete
  2. Happy New Year Jonak. Where is the arrow head? I can't see.

    ReplyDelete
  3. no use seeing now...broke out of the range

    ReplyDelete
  4. Although went 50 points ore thanI thought ...I thhink ,...a down move is near...still holding shorts,,,

    ReplyDelete
  5. Your Friendly House Spider was a wonderful read. I'm always looking for more information about this, thanks for the awesome post, keep them coming!



    Stock Tips

    ReplyDelete
  6. This is the perfect blog for anyone who wants to know about this topic. The article is nice and it’s pleasant to read. I have known very important things over here. I admire the valuable advice you make available in your expertly written content. I want to thank you for this informative read; I really appreciate sharing this great.


    Commodity Tips

    ReplyDelete