Ascending Triangle On Sensex ?

Discussion in 'Technical Analysis' started by joy_verma, Dec 30, 2005.

  1. joy_verma

    joy_verma Member

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    Looks like an ascending triangle on intraday charts on sensex. a break of 9350 will be crucial
     

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  2. joy_verma

    joy_verma Member

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    breakout complete . If 9350 level is sustained ascending triangle target of 9450 possible
     
  3. joy_verma

    joy_verma Member

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    Ascending triangle breakout on intraday chart(in fact a five day consolidated chart) at 9350 was genuine and the high on sensex was 9427.23 just shy of 9450 . Thereafter sensex pulled back.So that was the
    beauty of technical analysis and an eye opener for those who think technical
    analysis do not work.
    regards,
    joy
     
  4. sudoku1

    sudoku1 Well-Known Member

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