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Nifty spot and different time frames |
ktpillai
White Belt
Joined: 23 Nov 2007
Posts: 95
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Post: #1  Posted: Tue May 15, 2012 6:28 pm Post subject: Nifty spot and different time frames |
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| Attaching chart of nifty spot in different time frames.In the daily chart nifty has violated a resistance trend line.whereas in weekly chart it is yet to violate the resistance trend line.But if we examine the monthly chart more upside only if violates 5279.60 and more downside if violates 4868.55 |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #2 Posted: Tue May 15, 2012 8:38 pm Post subject: |
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| there also a +ve div on rsi in daily now but, from what little I understand, a likely inverted flag threatens in weekly. Am I right? |
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