Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Wednesday, January 12, 2011

Reigning the Bank Nifty - 12th January 2011

 Daily Chart

Daily Chart II

Searching for support around the 50% retracement levels of rise from February 2010 lows. Positive divergence is seen in Macd and OBV. The Rsi 14 and Stocahstics are in the oversold area. All this points to a short term bottom being formed.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: