This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.

August 8, 2011

Nifty Day chart


















Nifty resisted at the channel. If  5095 - todays high (as of now 10.00am) is conquered in closing basis, then some strength would be seen. If not new low is prominent!!

For more details on Broadening top refer,
http://thepatternsite.com/bt.html

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