Reigning The Bank Nifty 25th July 2011

 Daily Chart

Daily Chart II

Break above the down trendline once again.Difficult to predict whether this time it is for real.But chart II shows it may be so as the OBV has crossed above it and has stayed above it since July 1st.

Resistances at 11370-11388 and 11451 need to be crossed for further bullishness.



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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com