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Nifty: Is that a trend change?

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View Poll Results: Is it a change of trend?
Yes 1 25.00%
No 2 50.00%
Lets see what happens today 1 25.00%
Don't know 0 0%
Voters: 4. You may not vote on this poll

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  #1  
Old 4th August 2006, 08:52 AM
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Default Nifty: Is that a trend change?

Please refer to the screen dump below.

Is this indication of a trend change?
Attached Images
File Type: jpg Nifty.JPG (71.4 KB, 51 views)
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  #2  
Old 4th August 2006, 09:42 AM
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Default Re: Nifty: Is that a trend change?

what are you suggesting?trend change to the upside or trend change on the down side?considering we were in a short term uptrend I think you mean trend change on the downside.
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Old 4th August 2006, 10:15 AM
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Default Re: Nifty: Is that a trend change?

Quote:
Originally Posted by rjs
what are you suggesting?trend change to the upside or trend change on the down side?considering we were in a short term uptrend I think you mean trend change on the downside.
Yes I mean, is it a trend change on the downside.
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Old 4th August 2006, 02:59 PM
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Default Re: Nifty: Is that a trend change?

CandleStick Patterns rule supreme! God bless the gentelman from Japan who thought of making them.
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Old 4th August 2006, 11:31 PM
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Default Re: Nifty: Is that a trend change?

after 3 updays I would'nt say by y'days or todays move that this is a trend change
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Old 5th August 2006, 07:18 PM
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Default Re: Nifty: Is that a trend change?

Quote:
Originally Posted by Czar
after 3 updays I would'nt say by y'days or todays move that this is a trend change
Czar, Manoj,
I have attached the chart of 4th August. Notice that 3200 level has been tested a number of times in the last 2 months. More recently, this has happened 2 days in a row. Does this mean that a breakout is waiting to happen?
Regards
Kuldeep
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