Daily Chart
Today's candle was a bullish candle on better volumes than the last few days, closing above the 50 and 200 dema and the 38.2% fibo level of the last leg fall from 11978-10340.The 50% is at 11164 and 61.8% at 11357. Bear flag support line which is now resistance is at 11200.
The stochastics has reached overbought zone which may bring in some pullback to the rise from 10340.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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