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 1, 2011

BEARISH CRAB IN NS Hour


A Bearish Crab is being formed.
XA = 5702-5454
B= 5551 = 38.2% retr
with C = 5486-5455 probable tgts for D are given below
Without surpassing 5551 if NS breaks the low of 5454 then this pattern becomes invalid.











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