Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, May 30, 2011

Midday Nifty



Half Hourly Chart


The green neckline is acting as resistance. The fall though does not have much strength. This could be a minor reaction forming the right shoulder on the bullish head and shoulder pattern with neckline shown in red. Clearing 5516 will set the stge for some upward momentum.


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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