Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, November 30, 2011

Reigning The Nifty 1st December 2011



Daily Chart



Nifty moving in an upward channel.Longs can keep  a stop loss of 4782  or  4757.Crucial resistance at 4930.If crossed then could target 5100.




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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

2 comments:

Balu said...

Madam!

You mentioned a case of return failure in the downward trending channel on nifty recently in one of your postings and said it is a case of bullishness..

That seems to be happening in reality..

Regards
Balu

Lakshmi Ramachandran said...

Yes Balu, technicals do work.I had given a target of 5090 to my subscribers few days back which seems to have been nearly achieved.