Thursday, August 6, 2009

A TOP HEAD & SHOULDER WORKS....


YESTERDAY, just before the markets closed, i posted only a one liner,,,,,,,,,,,,,,,,

top hns in nifty ??

there can a top head n shoullder in nifty hourly charts...tgt 4551 around..

once the neckline , broken..we have seen a very heay fall, 4551 level reached in a span of less than 2 hours..not only that but it worked nicely as a support....but we may have enetered a corrective fall..which can last for some days.

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