Daily Line Chart
I voted for the bears and they won and how!
- The line charts shows that the uptrendline from March 2009 lows has been broken.However in the candle chart it has yet to be violated.
- Daily oscillators are in neutral zone suggesting some more fall to reach oversold levels.
- The half hourly charts show oscillators in the oversold zone suggesting temporary support may be reached soon .
- Neckline support coincides with 50% retracement levels of rise from 3918 to 4731 levels around 4325.
Happy Trading !!