Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, July 18, 2012

Reigning The Nifty 18th July 2012



Daily Chart 



 The fall continued with bearish candle making a lower high and low.Oscillators are weak and it will be a sell on rise startegy.The oversold stochastics may lead to a small pullback.The falling wedge shown above  is a bullish pattern and should in all probability  breakout on the upside.However the broken rising wedge target of 4750 needs to be kept in mind.


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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