Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, January 28, 2011

Reigning the Nifty - 28th January 2011



 Daily Chart




Half Hourly Chart




Nifty breaks down from the green triangle, moves and closes below the 200 dema, giving a target of 5400. The head and shoulder formation gives a target of 5230.Support taken on support line shown in red on daily charts. Holding 5594 could see some pullback.

Support at 5594-5560-5500      Resistance at  5650-5700.

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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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