ANAS asks:
''is nifty making a making an ASCENDING CONTINUATION TRIANGLE on WEEKLY charts , from may 09 till date.??'' I request your kind comment."
My Notes:
I am giving the weekly chart for the Nifty. With some regret, I have to say that I could not identify such a pattern. Have a look at the chart.
July 2 2010
4 weeks ago

4 comments:
Thank You Sir for correcting me . I am grateful for your comment. Bye.
I think ASCENDING CONTINUATION TRIANGLE is being formed on daily charts of nifty.
Nitin Damle
Sir,
How can I understand the market is trending or trading?.. please tell me if any indicator.I am using Metastock.
Thanks & regards
Avijeet
this can be an example of ascending triangle ...
http://img7.imageshack.us/img7/5113/herohonda.png
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