Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, April 19, 2012

Reigning The Bank Nifty 19th April 2012



Daily Chart



Daily Chart




Bank Nifty shows a breakout from the bullish flag and inverse head and shoulder pattern.However the breakout does not show good follow up buying which is necessary to be convinced about it.Half Hourly Chart below shows the rising wedge starting another leg down.Intraday resistance and support on the wedge marked on chart.


Half Hourly Chart







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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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