Is Nifty Trend Reversing? a Comparison with 2005 to 2008 Chart patterns
- Was looking at Nifty Today. Some how feel that the reversal has already started.
- Comared the patterns with 2005 to 2008 Nifty and it looks same to me
- Look the below Charts and let me know what you think,
- You can see every time it fallen it hasn't crossed previous highs.
- Be Cautious while trading.
3yrs Chart till Date:
2005 TO 2008 Sep Chart
6800 to weekly chart part dikh raha hai
ReplyDeleteyes, but Nifty has strong support around current price at 7550.It might hangon at this place for some time before taking direction...
ReplyDelete