Monday, February 9, 2009
Nifty breaks out of trading range
The Nifty broke out of the trading range at 14:05 today...2875 had proved to be resistance for the last 4 weeks...Short term trend is up now...
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Hey there,
The US stock INP follows the India exchange faithfully:
http://stockcharts.com/h-sc/ui?s=INP&p=D&b=5&g=0&id=p13189506627&a=125421955&listNum=1
It was up Monday, as you reported, but on very light volume. That sort of price increase is a very unstable one. The week of Jan 6th drop on high volume predicted a price drop well below.
http://moneyfromthemarket.blogspot.com/
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