Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, May 11, 2011

Midday Nifty

Half Hourly Chart

The Nifty seems to be forming a bearish head and shoulder with neckline shown in red. Supports at pennant support line is at 5538-5543  and at the red neckline at 5520-5521.Break down would test the recent low of 5443.

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Happy Trading !!
Lakshmi Ramachandran

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