Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, February 16, 2009

supports and resistance for 16th february


upmove to continue only if trades above 2770 . head and shoulder target (discussed in earlier posts) @3094 and larger triangle resistance @ 3085. trade with caution using stop losses as we are primarily in a bear market and expecting market moving news like the interim budget.

happy trading!!


Ranajayb said...

nice and clear chart. the simplicity of your analysis is the key here. congrats!

Lakshmi Ramachandran said...

thanks ranajay ! hope to be of use to the trader community