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Ascending Triangle On Sensex ?

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Old 30th December 2005, 10:17 AM
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Default Ascending Triangle On Sensex ?

Looks like an ascending triangle on intraday charts on sensex. a break of 9350 will be crucial
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Old 30th December 2005, 10:53 AM
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Default Re: Ascending Triangle On Sensex ?

breakout complete . If 9350 level is sustained ascending triangle target of 9450 possible
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Old 30th December 2005, 04:42 PM
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Default Re: Ascending Triangle On Sensex ?

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
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