Daily Chart
I wrote "Negative divergences seen on short term oscillators which should be taken cognisance of since the daily minimal rise shows lack of bull strength". The view proved right with a lower high lower low candle breaking below the short term uptrendline from 1232. The move was very small though, but then that is just how it has been all through this month !
Supports at 1251-1242-1232 and Resistance at 1262-1265-1270.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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