A school of thought in TA says that any trendline becomes stronger when re-tested.
The original trend should continue if the trendline is not crossed.
The high on Nifty spot today is bang on the trendline right from 1st October.
Hourly chart showing the trendline :
This become a strong LOC (Line of Control) for the bulls and bears now.
The original trend should continue if the trendline is not crossed.
The high on Nifty spot today is bang on the trendline right from 1st October.
Hourly chart showing the trendline :
This become a strong LOC (Line of Control) for the bulls and bears now.
1 comment:
Kaha kaha se dhoondh ke laatey hai bhai ... wah wah ... wah wah
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