Daily Chart
A bullish engulfing pattern making a new high and giving the highest close.The inside day broke out on the upside indicating the rise may continue. Negative divergences however persist and call for caution.
Resistance at 1291 and Support at 1262-1254.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment