Wednesday, August 5, 2009

CUP AND HANDLE PATTERN FOR NIFTY INTRADAY AS ON 5TH AUG, CAN WE HAVE A INTRADAY BREAKOUT ONLY ABOVE 4710 TMRW, TARGET 4750-4770

LETS HOPE WE TAKE A STRONG SUPPORT AT 4710, AND ALSO TAKE OFF THE HIGH OF 4730, THIS IS NOT A MARKET TO BUY AGGRESSIVELY, WE SHOULD WAIT AND WATCH FOR A BREAKOUT ABOVE 4800 OR A BREAKDOWN.

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