Hour trend down with a close below 5331 ( H5ema)
We have closed below Dhigh ema(5331) , day 5ema being 5302 , opening below the DHema / P would suggest possibility of prices going to 5302 .
on hour chart 5-10 bear cross also happened today at 14:00 hours.
EW wise Day Chart
tomorow we see which probability plays out wave 3 or a flat.
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Intraday Aug 10th 2012
We have closed below Dhigh ema(5331) , day 5ema being 5302 , opening below the DHema / P would suggest possibility of prices going to 5302 .
on hour chart 5-10 bear cross also happened today at 14:00 hours.
EW wise Day Chart
Hour chart
tomorow we see which probability plays out wave 3 or a flat.
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Intraday Aug 10th 2012
Above is 5 mins nifty chart ,As long as trading below the black TL , no longs only on break of this TL one can take a trade.
Here is the day chart .
