Monday, June 22, 2009

BREAK OUT FROM DOWN WARD CHANNEL

we have come out from downward channel and as mentioned in last mail that confirms that we have completed first leg downward and now we will see pull back in upward direction of fall from 15600 to 14180.retracement lvls r 14634/14890 and15057 , (38.2/50 and 61.8%).

2 comments:

  1. what will happen if we break 14180 tomorrow?

    Thanks
    KPR

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  2. Dear KPR,
    if we break 14180 tomorrow it will be highly bearish bcz that will break linear trend line and that will complete pull back started from 14180.

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