Wednesday, January 20, 2010

Symmetrical Triangle…

  1. Nifty has almost formed a near symmetrical triangle. If it breaks down below point B, it can reach up to 5075.
  2. On the other hand if it breaks out above T, it can reach 5400.
  3. If it opens above 5190, chances of a bounce back and later a breakout above "T" will enhance.

 

Low risk (LR) strategy:  The low risk strategy given to the subscribers during the first week of Jan 2010, has already gained over 7% so far. Slow and steady but sure…That is the concept of this system.

 

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