Daily Chart
Daily Chart
Half Hourly Chart
Bullish moves after positive divergence on daily oscillators (refer post for 5th June 2012) and closing above the green downtrendline from November 2010 highs could make this move from 4770 a sustainable rally.Strong resistance area of 5125-5056-5020 needs to be crossed for the rally to pick up momentum.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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