Daily Chart
Daily Chart
Good bounce from the 1429 support forming a descending triangle as shown on the second chart.This is a bearish pattern and only a break above it's resistance line will nullify it's bearishness.Break of support line will see the downtrend resuming.
Resistance at 1452-1458-1460 Support at 1438-1430-1413
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment