Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, January 4, 2010

Reigning The Nifty - 5th January, 2009


Daily Chart




Daily Line Chart





Half Hourly Chart





  • Bullish candle making a higher high.
  • Obv and  Rsi 14 have broken out of it's short term downtrendline, diluting the negative divergences.
  • Negative divergences on half hourly charts intact.
Strategy of trading hedged  longs to continue. The first sign of weakness would be a break of  5160 the latest low made on 30th December, 2009.



Happy Trading !!

Lakshmi Ramachandran
www.vipreetsafetrading.com

1 comment:

Anonymous said...

Madam, thanks for half hourly chart with all indicators. I request you to put this chart daily by making the half hourly chart part a little bigger height with all other indicators as smaller heights. Then one can see the changes in candles too with variations in indicators.