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NIFTY MOVES ALONG EXPECTED LINES

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NIFTY MOVES ALONG EXPECTED LINES

RAKA
White Belt

Joined: 10 Jun 2007
Posts: 37

Post: #1

Posted: Tue Mar 17, 2009 10:54 pm Post subject: NIFTY MOVES ALONG EXPECTED LINES

Nifty is moving along the expected lines. Though it has breached yesterday`s high, the closing was lower. And hence it is adding more confusion. The pattern is valid but the timeframe needs to be worked out again. Since nifty is still making higher high, it has the potential to make new high tomorrow as well i.e. mkts will be very volatile tomorrow.

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