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.
November 6, 2012
ANALYSIS FOR NOV 6
Nifty is again rangebound between 5670-5720-25.
Breakout above 5720-30 desicively would be a Hour, Day and weekly Channels/Trendline Breakout.
Week Chart:
DAY chart:
HOUR CHART:
SYNOPSIS:
BUY ABOVE 5725 WITH SL 5690 - DAY HEMA
TRADE BETWEEN 5660-5720.
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