there is a bullish breakaway gap 2920-2964 on nifty spot that can be sl for positional longs, if trades below the lower end of gap for sometime, it may turn bearish.
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Tuesday, November 4, 2008
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4 comments:
Hello sir,
could you please tell, in your post, why have you refered gap of 2920-2964 on nifty as bullish breakaway gap.
Regards
it kept rising higher high, after gapped up opening 2-3 gaps such in a row, then exhausted yday meet.
regards.
thanks ab sir but its request if u could tell me how to find about the importance of gaps ,i tried reading on net but it was of little help.
Regards
refer www.incrediblecharts.com for details.
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