Wednesday, March 23, 2011

NF...A Trendline...A Triangle and A Channel !!!


I'm reading: NF...A Trendline...A Triangle and A Channel !!!Tweet this! Posted by Trade Less Trade Smart at 1:53:00 PM

5 comments:

  1. alphabet1March 23, 2011 at 8:38 PM

    Nice Post, simple and crisp.

    ReplyDelete
  2. prabuMarch 23, 2011 at 11:48 PM

    Hi,
    Per point # 5, let us forget the triangle for a while;
    and draw a downward trender connecting 6347 6209 descending tops,
    and watch for it on topside,
    and the blue bottom trender on bottomside.

    Thanks for good charts and analysis.
    Visually gratifying.

    ReplyDelete
  3. alphabet1March 24, 2011 at 9:02 PM

    @Manoj,
    How about resistance lines, one joining 5398-5542 and second, 6347-6209.
    I have pasted this chart next to my office PC screen.
    This is the zone of action for next one month at least.

    ReplyDelete
  4. prabuMarch 25, 2011 at 10:31 AM

    Hi Manoj,
    Hi Alphabet1, Your comments are very meaningful.
    I added the lines to Manojchart,

    http://img812.imageshack.us/i/manojchartnf23032011134.png/

    Thanks, pal.

    ReplyDelete
  5. Tryin2TradeMarch 25, 2011 at 11:08 AM

    Hi Alphabet1 and Prabhu,

    Thanks for your inputs and views!

    @ prabhu saw the chart you posted; gives us yet another resi point to watch out for!!!

    Cheers!

    ReplyDelete

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