Daily Chart
Doji's are signs of waning momentum due to indecision of further direction and thus a threat to the existing trend, which in the short term is UP. The 11056 top is proving good resistance which needs to be crossed to confirm the double bottom made at 10340 with a target of 11772. Else the downtrend could resume.
OBV and the oscillators have crossed their tops corresponding with 11056 increasing the possibility of the level being crossed.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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