NIFTY TRADING IN MEGHAPHONE PATTERN INSIDE THE BIG CHANNEL(SHOWN WITH RED LINE)... TRENDLINE RESISTANCE COMES NEAR 12450 & SUPPORT IS NEAR 11100 BREAKING DOWN MEGHAPHONE PATTERN WILL BRING BIG CORRECTION IN MARKET...
MGL Doji on top watch range break 1198-1175 if breaks 1175 on downside than may slipto 1125--1100 @MDstockmagic educational purpose
centurytex near important trendline resistance Weak below 570-575 may slip to 560--550 @MDstockmagic educational purpose
gap resistance near 855-881... resisted near the gap .. mdade the hammer and free fall today... below 855.. may slip to 820--800
It seems that nifty is making rounding top and "B" wave is completed @10985. Currently trading in triangle.. look for breakout or breakdown from triangle pattern breakdown will target 10600-10500 the support zone stay cautious at cyrrebt levels.. or hedge your position
Trading in a falling wedge.. with breakdown from triangle pattern.. looking weak below 430 THIS IS ONLY FOR EDUCATIONAL PURPOSE.. VIEWS ARE PERSONAL