Daily Chart
Following the 5&10 dema cross sell signal would have paid off. Today's candle was bearish breaking below the uptrendline from November 2011 lows.Support taken at the 50% retracement level of the rise from 1340 to 1422.This could lead to a bounce.
Supports at 1372-1357-1340 and Resistance at 1388-1395-1404.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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