Daily Chart
The lacklustre , one day up - one day down trade within the range of 10946-10682 continued today. immediate resistance at 10860 and support at 10753. The gap down area made on the 2nd of June proves good resistance. The 10860-11056 area is a strong resistance area with the 200 dema and the 50 dema housed within it at 10970 and 10983 respectively. Unless this resistance area is crossed decisively chances of the downtrend resuming is high.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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