Daily Chart
A second doji puts the bulls on alert of the rising wedge/pennant at a risk of breaking down.Stochastics has reached the overbought region raising the chances of a pullback.
A second doji puts the bulls on alert of the rising wedge/pennant at a risk of breaking down.Stochastics has reached the overbought region raising the chances of a pullback.
Half Hourly Chart
So long as the rising wedge support line holds the targets of 5345-5440 is achievable.Half hourly oscillators have started moving up again showing strength.
Buy on dips till 5190 holds.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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