Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter http://twitter.com/#!/lucksr

Friday, July 20, 2012

Reigning The Bank Nifty 20th July 2012




Daily Chart 




Maintained above the downtrendline joining November 2010 highs with 11226.Broke out and closed above the pennant formed but was not convincing marred with profit booking throughout the day.Also closed below the red uptrending channel for the first time in the rally.A close above 10676-10709 required to keep the bears at bay.



follow me on twitter http://twitter.com/#!/lucksr


Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

No comments: