Above Top Band TB

November 25, 2009 by masterstrokes ,    Contact masterstrokes
Filed under: Stock Trading  145 views


www.ftalarms.com Analysis: I was mentioning about the Top Band “TB” in the last few postings. Now it looks like the breakout from this band has happened (see circled area on the chart) and NIFTY is likely to test the 5180. But…Let us wait for an hour more. The two hour Candlestick will get confirmed only at 12.00 PM. If NIFTY is at this current level or greater than the present level, at 12.00 PM, then there is a high chance that we might test 5180 today itself. We will see…

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