Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, October 27, 2009

Reigning The Nifty - 27th October, 2009

Daily Chart

 Bearish day with break of the "inside day" pattern on the downside. Highs are being sold into religiously.However, Nifty still trades above the uptrendline joining lows from 4904 . The Nifty has taken support exactly on the line today. The support for tomorrow is at 4974.

Half Hourly Chart

Break of trendline support at 4954-4958 will take to 4921-4904 which will prove as decider for further upside or downside.

Happy Trading !!

Lakshmi Ramachandran


rajamani said...

kindly restore the blue background in the blog


Lakshmi Ramachandran said...

reason? just want to know. of course i too miss it.

rajamani said...

i think we are addicted to it