Technical Analysis of Indian Equities by Nooresh

Nifty Inverted

For all the bull eyed people ...

The above chart is an inverted form of nifty which makes it look like a highly bullish
if tries to break away from the current trend !!!

The trend reversal area is 3900-3850 ...

If we see the chart in a bullish manner we would wait for some confirmation for a trend change and not pounce on buying ...So get the analogy !!!!!

So from here if we break the trend it could be a big move !!!!!

Regards,

Nooresh

9819225396

noorrock2002@yahoo.com

Article by Nooresh Merani

Nooresh has written 2556 articles.

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