Daily Chart
Bullish candle closing above 20 dema.The 5 and 20 dema are in a buy
again.Stochastics given buy in oversold zone and Rsi14 moved above 50
line. Macd has given an uptick and is in positive territory.Breakout
from the flag is awaited by the bulls to turn the scene bullish.
Half Hourly Chart
Breakout from the down trending channel.Resisted at 50 % retracement
level of fall from 10912-10135.The medium term trend is up while the
short term trend has turned sideways.Buy on dips till 10135 is broken
decisively.
Resistance for tomorrow at 10630-10577 and support at 10456-10401-10350-10300.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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