The biggest stock in the NSE. Lets have a look.
Correction in progress. Looks like more ahead. But first I think we are gonna hit that point where the Upper blue trend line intersects with the red line. That comes at 1050. So wait for sometime before shorting . If this goes down like I foresee on this chart (WXY) , then the broader markets will also come down . And so I also expect the NSEI to go to 5800.
Another interesting chart I saw was this weekly chart . A symmetrical triangle from which Reliance broke out after 2 years. !!!!!!!!!
Heres Bulkowski's site:::http://thepatternsite.com/st.html
Thanks.
Correction in progress. Looks like more ahead. But first I think we are gonna hit that point where the Upper blue trend line intersects with the red line. That comes at 1050. So wait for sometime before shorting . If this goes down like I foresee on this chart (WXY) , then the broader markets will also come down . And so I also expect the NSEI to go to 5800.
Another interesting chart I saw was this weekly chart . A symmetrical triangle from which Reliance broke out after 2 years. !!!!!!!!!
Heres Bulkowski's site:::http://thepatternsite.com/st.html
Thanks.
No comments:
Post a Comment