Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, August 21, 2012

Reigning The Bank Nifty 21st August 2012



Weekly Chart 




Daily Chart 



Half Hourly Chart



The Bank Nifty failed to breakout from the 10056-10640 range which continues to be the immediate trend deciders.
Weekly charts show a negative bias with a close below the uptrendline from 10056.
  The huge resistance area of  10640-10782 proved  difficult to cross as anticipated but if successfully scaled a good upmove will ensue. 
Daily charts show the coiling getting tighter and breakout levels on the daily chart are 10375 and 10514.



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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com   

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