Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Monday, May 30, 2011

Midday Nifty

Half Hourly Chart

The green neckline is acting as resistance. The fall though does not have much strength. This could be a minor reaction forming the right shoulder on the bullish head and shoulder pattern with neckline shown in red. Clearing 5516 will set the stge for some upward momentum.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: