Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, October 5, 2010

Reigning The Nifty - 5th October, 2010

Daily Chart

Shooting star on daily charts shows bears were active. Breadth was marginally negative and volumes average.Bulls need to defend the support of 6057,the support from the lower trendline of the rising channel as a break below this trendline may lead to weakness. Resistance from the upper trendline is at 6277.

Supports are at 6133-6116-6090.  Resistance at  6222-6247-6277.


Happy Trading !!
Lakshmi Ramachandran

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