Daily Chart
Daily Chart
Half Hourly Chart
An Outside Day pattern and another inverted hammer on daily charts indicating
probability of a short term reversal.Supporting this view is the fast
approaching oversold status of the Rsi14 , Stochastics , OBV has not fallen below it's previous low of this correction and a falling wedge on the half hourly charts.Flag formation
too still valid.
Strong resistance at the 5029-5039 levels.Only a cross above 5136 will bring in upward momentum.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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