Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, March 11, 2010

Reigning The Nifty - 12th March, 2010

 Daily Chart



Half Hourly Charts



Nifty made a higher high higher low and broke the range of last few days but could not close above it's high of 5147. The trend is still up and longs need to keep a stop loss of  5092.




Happy Trading !!

Lakshmi Ramachandran
www.vipreetsafetrading.com

2 comments:

Unknown said...

MADAM I CAN SEE NIFTY IS IN OVER BOUGHT SITUATION. PROFIT BOOKING IS SEEN IN SOME BLUE CHIPS FOR THE PAST 4 CONSECUTIVE SESSIONS AND UR CHART TELLS NIFTY HAS TOUCHED 0% BY 5150 I FEEL NIFTY 5092 IS VERY WEAK SUPPORT. IF NIFTY DOESN'T GIVE UPWARD BREAKOUT THEN IT WILL SLIDE DOWN. mahesh19_9@yahoo.co.in

Lakshmi Ramachandran said...

mahesh i have shown retracement levels from yesterday's high.nifty has not "touched zero %". yes if breaks 5092 we can see 5050-5000