Weekly Chart
Daily Chart
Shooting star on the weekly charts indicates some more weakness which may be the consolidation necessary for forming the right shoulder of the inverted head and shoulder with the red neckline at 1435 as can be seen on the daily charts.Supports are at 1398-1385 failing which we may be forced to assume that the downtrend may have resumed.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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