Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, July 13, 2012

Reigning The Bank Nifty 13th July 2012



 Daily Chart




Half Hourly Chart



The Bank Nifty pulled back as per expectation.Daily oscillators indicate further fall possible. The red rising wedge break target is around 9850.The green trendline shown on daily charts which was the neckline of the inverse head and shoulder pattern should hold .Support on the trendline is now at 10116.Only a fall below this will put the ongoing upmove in danger.



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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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