Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, April 21, 2011

Reigning The Nifty - 21st April 2011

 Daily Chart

 Half Hourly Chart

The Nifty chose the freak upside breaking all resistances to close above the 61.8% fibo level of fall from 5944-5693. The double top breakout proved false.The move got the 5 and 10 dema to cross over bullishly once again. Strong resistances on the way up at 5885-5923-5944.The wild up down movements in the megaphone pattern should resolve soon. Supports at 5803-5759-5693.

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Happy Trading !!
Lakshmi Ramachandran

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