Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, January 4, 2011

Reigning the Bank Nifty 4th January 2011

 Daily Chart

 Doji star. The evening star pattern consists of 3 candles, first day bullish candle, second day  a doji preferably with a gap up --which seems to be so with today's doji. Tomorrows candle should be bearish taking price to at least below the mid point of the fisrt day's white candle. Let's  see if the bearish pattern confirms or the bank nifty bulls succeed in taking it above the high of the doji start at 11912

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Happy Trading !!
Lakshmi Ramachandran

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