Daily Chart
Bearish candle after the resistance faced at 61.8% retracement level of fall from 1422.The uptrendline for the rally has been broken decisively and has already retraced 38.2%. 200 dema and the 50% fibo level coincide at 1315 to offer strong support.If does not hold the rall will be in danger.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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