tryin2trade: NF...A Trendline...A Triangle and A Channel !!!

Wednesday, March 23, 2011

NF...A Trendline...A Triangle and A Channel !!!

5 comments:

alphabet1 said...: Nice Post, simple and crisp.; March 23, 2011 at 8:38 PM
prabu said...: Hi,
Per point # 5, let us forget the triangle for a while;
and draw a downward trender connecting 6347 6209 descending tops,
and watch for it on topside,
and the blue bottom trender on bottomside.

Thanks for good charts and analysis.
Visually gratifying.; March 23, 2011 at 11:48 PM
alphabet1 said...: @Manoj,
How about resistance lines, one joining 5398-5542 and second, 6347-6209.
I have pasted this chart next to my office PC screen.
This is the zone of action for next one month at least.; March 24, 2011 at 9:02 PM
prabu said...: Hi Manoj,
Hi Alphabet1, Your comments are very meaningful.
I added the lines to Manojchart,

http://img812.imageshack.us/i/manojchartnf23032011134.png/

Thanks, pal.; March 25, 2011 at 10:31 AM
Tryin2Trade said...: Hi Alphabet1 and Prabhu,

Thanks for your inputs and views!

@ prabhu saw the chart you posted; gives us yet another resi point to watch out for!!!

Cheers!; March 25, 2011 at 11:08 AM

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