Reigning The Bank Nifty 17th August 2012

Daily Chart  

A down day breaking and closing below the downtrendline from all time highs passing through the highs made this year at 11226.The pennant in red needs to break out by tomorrow else it will lose it's relevance.

 Half Hourly Chart 

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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com