Daily Chart
Daily Chart II
The lower top at 11213 is now firmly in place with today's candle unable to cross it and recording a lower bottom.The neckline at 10677 remains crucial level for bulls.The 200 dema has once again been scaled but unimpressively. The falling channel and pennant shown on chart II has resistance at 11120. Support at 10950.The pennant, a continuation pattern indicates further fall .
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment