Reigning The Nifty 26th April 2012

  Daily Chart

Half Hourly Chart

The sideways movement with a negative bias continues.The close is below all demas, 5,20,50 and 200.The red triangle on half hourly charts has resolved to the downside giving a target of  4974.The 61.8%  retracement level of the entire rally from December 2011 lows is at 4951.Bears winning !


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com