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Friday, March 25, 2011

NIFTY TRIANGLE BREAKOUT

TRIANGLE BREAK
The triangle formed in daily charts gave a breakout.
Technical target for the breakout is 250-700 points from the breakout point ,roughly 5510,
In the recent times the triangles have been giving false break before resuming the trend, also a close above previous highs of 5599 & 5608 might see nifty flying to 5750-65 levels.
Posted by Unknown at 10:57 AM
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1 comment:

Clara Mellor said...

• A broad index of Asian shares touched a decade-high on Wednesday, taking cues from signs of confidence in the U.S. Meanwhile, the euro held onto overnight gains after Catalonia held back on an outright declaration of independence.CapitalStars

October 12, 2017 at 2:03 PM

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