Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, June 13, 2011

Midday Nifty

Hourly Chart

Putting up the hourly chart today as it shows how the doji at today's low of 5437 led to an intraday reversal confirmed by a bullish candle at 12 pm and a followup bullish candle at 1pm. Resistance at 5534-5530 and support at 5433-5430.

The tussle continues and till a breakout from the 5605-5330 range occurs trading will be difficult.

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Happy Trading !!
Lakshmi Ramachandran

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