Daily Chart
Half Hourly Chart
Lacklustre day within a very small range of 30 points with an upward bias. Support was taken on the uptrendline from 5214.So long as it holds the upmove should continue.
Resistance at 5735-5758-5800
An "Inside Day" was formed on daily charts which may be signalling a reversal.Break of the low of the pattern at 5683 should be held. If breaks and closes below it the reversal could be in place.
Supports are at 5694-5683-5639
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment