Daily Chart
Half Hourly Chart
- A lower high lower low small bodied candle resembling a doji showing indecision.
- Equilateral triangle shown on half hourly charts reiterates confused markets.
- Foruth day of close below 20 dema making it important for a close above it at 4885 for further bullishness.
- The uptrending channel still maintained.
- Oscillators are neutral.
- Watch out for break from the triangle, upward channel or inverse head and shoulders for further direction.
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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