The target of the wedge would be the low of the formation or 4730on spot nifty.
Wednesday, December 14, 2011
NIFTY BEARISH RISING WEDGE IN 15 MINS CHART
The target of the wedge would be the low of the formation or 4730on spot nifty.
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3 comments:
is the gartley target still valid?
@kuheli,
gartley pattern is still in the making, if nifty manages to hold on to 4690 odd levels and rises to 5200 levels then only the pattern would be considered valid. the target part would come into picture later.
• Crude Oil December expiry is quoted at $ 45.16 a barrel - down 0.2 percent.
• Brent Oil December future is trading on a soft note at $ 46.41.
• Natural Gas December delivery has declined 0.3 percent at $ 2.694.
MCX Crude Oil tips
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