Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, February 23, 2012

Reigning The Nifty 23rd Feb 2012


 
Daily Chart
Bearish engulfing pattern ond daily charts show bears dominating the day.This is the largest down day of the rally from 5431.Bulls need to protect 5492 which is at today's low of 5491 to keep the steep channel  from breaking,  weakening the uptrend.

 


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

4 comments:

Anoop said...

Nice explanation. But earlier there used to be quite detailed commentary. Any particular reason why have u stopped doing that?

Lakshmi Ramachandran said...

I have a few subscribers to the detailed analysis and so need to do justice to them

Anoop said...

What are terms and conditions for that? Can you elaborate further pl.?

Lakshmi Ramachandran said...

Anoop, please write to me at vipreetsafetrading@gmail.com