Nifty trades with Median Lines
Charting the Road with Median Lines
Thursday, December 2, 2010
NIFTY consolidating at Upper Median line Parallel
15 min chart / 60 min chart
As expected the price hovered around the Blue Upper median line in a range after gapping up.
If price pullbacks to 5950 will add a position or else hold the current positions till it reaches 6075 / 6090 / 6100 levels.
Daily chart
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