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2010-12-01

Three white soldiers is Formed in Nifty Daily Chart


Three white soldiers is Formed in Nifty DailyChart It unfolds across three trading sessions and suggests a strong price reversal from a Bear market to a Bull market. Each candlestick should also close progressively upward to establish a new near-term high. The Three white soldiers help to confirm that a bear market has ended and market sentiment has turned positive. In Candlestick Charting Explained, technical analyst Gregory L. Morris says "This type of price action is very bullish and should never be ignored."

Already I told in 1hr Nifty Chart UP Trend Started(Nifty 1hr chart) now another Confirmation in Daily Nifty chart

I always Bullish on Nifty 5750 onwards
(Nifty may Take ‘U’ Turn R Again BLOOD Bath Coming Week?)
(Wht Happen Nifty Coming Week ? (Expiry of NOV Month)

Strong Recommandation
Buy Dec futures @ 5940 to 5950 Stop @5850 tgt 6050&6130&6230

Options Lovers
 Buy Dec Nifty 6000 Call@90 hold till Expiry
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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.