Monday, June 14, 2010

Watch Nifty Inverse Head & Shoulders Overview

Nifty Inverse Head & Shoulders



Nifty has breakout from Inverse Head & Shoulder with Neckline at 5130.
Height of the head is 380 points thus giving the target of approx 5500.

An attempt towards neckline should be bought with SL around 5080.
closing below neckline will invalidate the above chart

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