Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, April 7, 2011

Reigning The Nifty - 7th March 2011

 Daily Chart

Half Hourly Chart

A higher high higher low candle with a lot of volatility keeping one guessing about the immediate direction. The real body though has registered a lower high and lower low. This should bias slowly turning down. The red downtrendline is proving strong resistance and a decisive close above it would be necessary for the trend to continue.

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Happy Trading !!
Lakshmi Ramachandran

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