Thursday, 7 March 2013

Nifty Page : 07-03-2013(EOD)

Today's price- action reminded me of an old complaint of a friend who said --- why can't you simply post levels instead of charts which are so difficult to decipher----
Yesterday, I mentioned that a dip to 5745 and again upwave to take place.
And obviously, that didnot take place
But at the same time I had posted a few charts:
Yesterday's 5 min chart:
Today's update:

Moral of the story:
If you wish to make money in the market, you shall have to learn .
The above graph clearly shows how the "dip" got converted into a mere "pause" and how anyone observing the charts could have noticed it and taken positions accordingly.
Yesterday's Hour Chart:

Today's Update:

And no let up seen in upward momentum so far.

Daily Chart:



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