Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, January 11, 2012

Reigning The Nifty 11th January 2012



 Daily Chart



Good breakout from downtrendline,50 dema and minor top of 4818 turning the short term trend to up.Cautiously bullish till 4687 is taken out.


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

3 comments:

Anoop said...

4687 figure appears to be wrong. Pl check.

Rajashekar said...

yeah I feel it may cross 5000 before this week end

Lakshmi Ramachandran said...

Anoop it was the low made on 6th Jan and on 9th Jan the correction aborted at 4696.So 4687 as a stop loss seemed logical.
Rajshekahr the falling wedge has a target of 5257