Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, March 26, 2009

Reigning The Nifty--further insight 26th March,09

Nifty 30 Minute Line Chart

The half hourly line chart shows the nifty moving in a falling channel since the beginning of the correction in January 2008. The height of the channel is 1840 points. The nifty is on the verge of breaking out from the channel. A decisive break would give a fantastic move of 1840 points. The level for today stands at 3018. So look out for the day's close above 3018 .

Happy Trading !!

Lakshmi Ramachandran