Mumbai

Sunday, November 22, 2009

CHART PATTERN


NF is in the process of formation of Inverse H&S Intraday charts. One has to see price action going ahead for the remaining one shoulder to be completed and break of Neckline on upside for bullish targets.
Its advisible not to preempt the pattern but follow it and trade upon confirmatiom with prudent SL placements.

PATTERN SWING
:4933<4988<<5024>>5101>5202

The price can move both side post opening watch price movement and trade accordingly with prudent risk management

No comments: