Monday, June 8, 2009

Dangerous Busted pattern…

The 15 Min Chart shows a Busted pattern which theoretically have a min target of 4260-50. It is expected that NIFTY will touch this level tomorrow itself. Only question remaining is if NIFTY will breach the 4100 support or not in the near term. Then the whole story will change. We will talk about it later…

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES