Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, July 15, 2009

Reigning The Nifty - 16th July, 2009

Half Hourly Chart

Daily Chart

Nifty's neck is once again strong and everything seems to be supporting it. But the head has to approve. So there are hurdles put on the way which if surpassed the head will be more than happy to approve further advancement.

Hurdles are marked on the chart.

"Excuse me", say the daily short term moving averages , "we are still bearish, though we are already trying to shake off the bearish stupor".

Happy Trading !!

Lakshmi Ramachandran


Sujatha said...

Hahaha, nice comments...

My wish is Head should not approve neck, after all neck is below the Head na?

Have a good day mam.

Lakshmi Ramachandran said...

thanks. was in no mood to write the cliched stuff