Daily Chart
The Inside day range remained unviolated. The bias though is definitely negative with a lower low lower high candle.Moving averages too all below the 200 dema. Stochastics supporting a pullback.The resistance at the downtrendline is now at 5668.
Half Hourly Chart
Half hourly charts show sideways correction with negative bias. The 5605 level is now important support. Other supports marked on the charts.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment