Friday, December 30, 2011
NIFTY CALL 30TH DEC
NIfty is forming Bear Flag Pattern in 30 min chart and as per the pattern rule it has also tested the trend line at 4700 and if the resistance of 4700 is holding on closing basis in 30 min chart tgt is 4600 for sure .. and further below 4600 may test 161.8% retrecement of 4540 also.. trading above 4725 will disqualify the pattern
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