NIFTY TYPICAL PRICE BEHAVIOR TODAY (12/03/2013)
The below figure shows the hourly, 30 minutes and 15 minutes chart for NIFTY_5900_PE option today(12/03/2013)
Observe the BUY signal marked in yellow color!!.
The BUY signal appeared exactly at the same time 11-15 in all the 3 time frame charts at the same price 46.8. !!
The above parallel signals at the same price in different time frames normally will never appear but appeared today.
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