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.

June 24, 2011

Trading range between 5280-5360

The Neckline Tested in nifty Day chart with a Bullish engulfing pattern which needs a followup with todays price action

















The Bearish flag in Hour chart will give a breakout above 5335 and will be met with resistances at 5345-5360. An Hourly close above these levels would be an indication to hold longs for intraday and a Day close above these levels would be an indication to hold Longs positionally
















Action Plan for Today




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