Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, June 16, 2011

Midday Nifty



Half Hourly Chart



Gap down open, gap covered and moving down again. Diamond pattern detected on 8th June -- read post here  http://vipreetinvestments.blogspot.com/2011/06/midday-nifty_08.html  --  target of 5415 achieved !!
If the low of 5404 does not hold then the inverse head and shoulder pattern is nullified and the right shoulder of the bearish head and shoulder pattern will continue forming.


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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