Tuesday, May 24, 2011

Nifty breakdown from wedge...potentially bearish



Nifty has broken down from a wedge. If this breakdown sustains ie it is not a false breakdow, this is potentially bearish for the Nifty. Keep an eye on this pattern.

Friday, May 6, 2011

Nifty Update





Nifty is now in a wedge pattern...A breakout or breakdown from this wedge will give the next major direction for the Nifty