Monday, January 21, 2013

Update on the Identical Twins 2008-2013 on Charts..... Interesting read

Hi All,

As per my earlier post - http://www.blogger.com/blogger.g?blogID=289801391276761356#editor/target=post;postID=4529720474968599290

The bias for Nifty is still the same with resistances of 6100...

Nifty just flirted with the upward trendline and went above it for a while, however, could not close above the same.

So a Convincing close above 6100  would be advisable, without any signs of concerns (divergences in technical language) based on various technical indicators...



Regards

Hrishi

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