Nifty Inverted HnS in 15 Mins

By | July 13, 2011

 

Nifty 15 Mins

 

Nifty is trading in sideways range and testing the patience of both bulls and bears .

 

As seen from 15 Mins chart Nifty has formed Inverted HnS with neckline placed @5585 levels.

Break of Neckline will lead the gap covering till 5618

and Break of 5540 will lead to gap covering till 5520

So trade with the levels and till than be light.

Levels mentioned are Nifty SPOT

One thought on “Nifty Inverted HnS in 15 Mins

  1. rainbow

    good analysis. went long, was hoping for a marubozu at EOD, which did not happen 😀

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