Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, February 8, 2010

Reigning The Nifty - 9th February, 2010

Daily Chart


Half Hourly Chart

  • Pullback underway after positive divergences in oscillators on half hourly charts and minor positive divergence on daily charts. 
  • Fibo resistances marked on  charts.
  • Longs are safe till 4675 remains unviolated.
  • Supports at 4675-4538-4495.
Careful on longs as broad trend down. The first sign of a recovery would be a breakout from the downward sloping channel. Till then Selling on rallies is the strategy .

Happy Trading !!

Lakshmi Ramachandran

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