Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, March 8, 2010

Reigning The Nifty - 9th March, 2010

 Daily Chart


Half Hourly Chart

  • Bullish candle maintaining above the uptrendline of the channel  shown in daily chart.Support at 5100.
  • Daily stochastic has given a sell in the oversold region, Rsi14 and macd moving up strongly.
  • Half hourly oscillators still showing negative divergence.
  • Moving averages on all time frames giving bullish bias.
Trend continues to be up . Fresh longs only on dips. Stop loss of 5070 on  exisiting longs.

    Happy Trading !!

    Lakshmi Ramachandran

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