Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, January 14, 2011

Reigning the Bank Nifty - 14th January 2011

Daily Chart

Last two days gains wiped out today. Positive divergence in  Macd and OBV intact. The Rsi 14 and Stocahstics are in the oversold area.The low of 10620 is still held. Till it is held we may assume it to be  a short  term bottom and look for signs to initiate longs.

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Happy Trading !!
Lakshmi Ramachandran

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