Daily Chart
The Inside pattern mentioned yesterday broke on the upside. Easy
breakouts on the upside and daily gap up openings is keeping the bullish
sentiment alive.Moving averages are bullish and the oscillators are
showing strength.Scaling the previous top of 10226 seems a cakewalk now
after scaling the 61.8% level at 10725 so easily. Strong resistance
though at 10984 on the green trendline.
Negative divergence on half hourly oscillators may bring in some pullback.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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