Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, November 30, 2011

Reigning The Nifty 1st December 2011



Daily Chart



Nifty moving in an upward channel.Longs can keep  a stop loss of 4782  or  4757.Crucial resistance at 4930.If crossed then could target 5100.




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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

S&P 500 30th November 2011



 Daily Chart



Shooting star at resistance? This is bearish for the short term uptrend.Resistance at 1205-1215-1233

Supports at 1192-1187-1181-1175


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

Tuesday, November 29, 2011

Reigning The Nifty 30th november 2011



 Daily Chart




 A breather in the short term uptrend.Resistance at 4866-4930-4984  Support at 4774-4693



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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

Reigning The Bank Nifty 30th November 2011



 Daily Chart



An outside day pattern occured .It is a bearish signal and could lead to a reversal of the short term uptrend.
Support at 8587-8488  Resistance at 8843-8985.




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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

S&P500 29th November 2011



 Daily Chart



 The inverted hammer's bullishness was confirmed by a huge bullish candle.Was able to draw an upward trending channel which has support at 1160.Till the support line holds attempts to move up will continue.Resistance at 1205-1215-1233.



follow me on twitter http://twitter.com/#!/lucksr

Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com