Kahani - Charts ki Zubani :-)
- Thread starter FanaticTrader
- Start date
Interesting name of the thread FT. 
Nifty and Bnifty are both forming Flag/Wedge formation. Till the range is maintained, markets will remain volatile and choppy. However, there will always be a possibility for a break out to occur on the upside. On 1-2% drop in index, traders are becoming so cautious. When such reactions loom around, somehow markets never fall much. Anyway, boundaries of Wedge/Flag must be in focus now.
Tc
Nifty and Bnifty are both forming Flag/Wedge formation. Till the range is maintained, markets will remain volatile and choppy. However, there will always be a possibility for a break out to occur on the upside. On 1-2% drop in index, traders are becoming so cautious. When such reactions loom around, somehow markets never fall much. Anyway, boundaries of Wedge/Flag must be in focus now.
Tc
It has been ages since I came back on this thread and due apologies for the same. My work kept me busy for a very long time and I was away from both markets and TJ.
I hope I can stick this time around and be more consistent with my posts
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Ultratech Cements looks good on weekly charts. Good upmove in place if previous highs are taken out
I hope I can stick this time around and be more consistent with my posts
Uploaded with ImageShack.us
Ultratech Cements looks good on weekly charts. Good upmove in place if previous highs are taken out
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