Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, May 19, 2010

Reigning The Nifty - 20th May, 2010

 Daily Chart

Nifty finally broke the last trendline support with a huge bear candle on good volumes and very negative breadth. Strong support of 200 dema at 4897 and positive divergence on half hourly charts  suggest support may be near.

Resistance at 5105.

Support at  4897-4871-4844.

Happy Trading !!
Lakshmi Ramachandran

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