ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


This is the "Oldest & Only Website" in whole World
in which Nifty & Indian Stock Markets Outlooks 
are being updated for the last more than 
"15 years means from 2010" & has been posted 
"more than 10,000 Daily & Weekly accurate 
Outlooks" with "Intraday Charts Analysis"

For its live Proofs just see "Archive"
in the "bottom of this Website"

Trading "calls" from our "Software" with more than "90% accuracy"

Head & Shoulders Pattern in 4 months EOD Chart


      Technical Analysis and Research

Nifty- EOD Chart(20-06-2011):-
Just click on chart for its enlarged view

Main Features

1- Head & Shoulders Pattern Formation
2- Its Neckline broken down

Conclusions

Neckline broken down by Bullet Force and Nifty nosedived 141 points in 10 minutes. All trends were already down,Nifty was sustaining below 200 Day EMA for the last 34 sessions and Neckline breaking down gave Bearish markets Confirmation.

Break down was by force on 20-06-2011 and only last technical formality of 3 days sustaining below is left. As breaking down force was strong therefore expected that Nifty will sustain below Neckline in the coming 3 sessions.
Posted by at