Thursday, April 15, 2010

The "Inside Down" pattern In action.

 

 

The “Inside Down” pattern in action.

 

I had through my daily updates indicated about a possible breakdown and the chances of that happening.

 

As you can see from the chart, the decision is made…now NIFTY has closed below the bottom trend line of the pattern convincingly.  Need less to mention about the day ahead.

 

Tweets @masterstrokes

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