Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, June 3, 2011

Midday Nifty

Half Hourly Chart

The gap down made yetserday was successfully filled up and the high of 5597 taken out, but the 5605 levels could not be sustained.Yesterday's low of 5522 was violated by a point but it seems to have proved good support for the time being. A shorter term double top at 5597-5605 will be confirmed if 5522 is decisively broken giving a target of 5450. Immediate supporta are at 5518-5505.

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Happy Trading !!
Lakshmi Ramachandran

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