Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, March 22, 2011

Reigning the Bank Nifty - 22nd March 2011

Daily Chart

Taken support on the blue trendline. Volumes were extremely low and breadth 1:1. The sideways movement seems to be taking it's toll on the bulls and bears who seem to be whipsawed into pigs. A bullish flag seems to heve formed within the triangular movement with support at 10534.If takes support at this level then we can expect an upward breakout in the coming days.

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Happy Trading !!
Lakshmi Ramachandran

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