Daily Chart
Breakout from the recent very short term down trendline retested successfully and maintained.5/20 dema given a buy again with the 20/50, 20/200 dema cross without going into a sell.This shows strength which is supported by oscillators too.
The half hourly charts too show strength with all emas bullishly aligned.Once the gap resistanceat 5267-5306 is taken out bullish momentum should return.
Half Hourly Chart
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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