Monday, December 19, 2011

Update - End of Day : 19 December 2011

Nifty - End of Day Chart - 19 12 2011
Above is the zoom in of the EOD chart we saw last week end - in candle mode - so that one can share a view of the last two candles ... One looks for reversal signs during every trend and so, the last two candles suggest the possibility of a 'Morning Star' Formation ... if not, its good for a revision of the same in the very least...


http://www.investopedia.com/terms/m/morningstar.asp#axzz1gzJs4sbR

http://thepatternsite.com/MorningStar.html