Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, December 29, 2010

Reigning the Bank Nifty - 29th December 2010

 Daily Chart

 Bank Nifty has broken the short term uptrendline signalling a test of the low made at 10977.Supports are at 11294-11147-10977. 61.8%   fibo retracement level of rise from 8806 is at 10517. Only a rise above 11634 could bring in some strength.

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Happy Trading !!
Lakshmi Ramachandran

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