Thursday, October 20, 2011

Look alike charts

NSENIFTY and ICICI has formed same chart patterns. This may be the case for other index heavy-weights but these two are forming almost same pattern.



NSENIFTY:


NSENIFTY above 5170 will try to fill the huge gap but the support is indeed required from heavy weights.




ICICIBANK:


ICICIBANK above 910 may give good move but with only one condition i.e. Market's willingness to go up. :P


Have a happy trading.

Cheers
Chirag CM

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