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
www.vipreetsafetrading.com
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2 comments:

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.

July 16, 2009 at 9:00 AM
Lakshmi Ramachandran said...

thanks. was in no mood to write the cliched stuff

July 16, 2009 at 9:43 AM

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