Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, October 12, 2011

S&P500 12th October 2011

 Daily Chart

Intraday Chart

A 'stalled' candle was formed. This warns one to tighten stops on longs, take part profits and be on the alert for a reversal.The Intraday chart shows a good support made at 1192.The first sign of weakness would be a trade below this level.

 Supports at 1192-1188-1171.  Resistance at  1210-1220-1230.

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Happy Trading !!
Lakshmi Ramachandran

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