Thursday, April 11, 2013

NIFTY VIEW - APR 11

NIFTY TECHNICAL
Trend down so far from 6100... signal initiated around 6000 levels.

Last significant down bar has high at 5600... tight SL for any short positions.

Last significant swing low at 5750 - this is more important.

Note that broader correction is extremely slow with overlapping legs/ bars... this is a day trader's market!
 

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Bazaar Trend Chart

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