Daily Chart
A positive day which missed filling the gap made yesterday by a point. Once again above the 200 dema. The 5, 10 & 20 dema are also bullishly aligned with each other.The 50 dema is still bullishly aligned with the 200 dema. Macd too has moved into positive territory which is supportive of a further upmove.Volumes were low but breadth 100% positive.
Breakout from the triangle awaited for more clarity of direction.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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