Thursday, January 16, 2014

Triangular Pattern in nifty daily chart [16-Jan-2014]



  • Nifty opened above the upper line of Triangle Pattern, but unable to close above it, hence the breakout is not yet made.
  • Nifty closed with in & under the upper trendline of the Triangle Pattern.
  • Likely to test its immediate support at 6300, 6284.


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