Daily Chart
Daily Chart II
The right shoulder of the bearish head and shoulder pattern continues to form well.Chart II shows the target could be around 4721 is the neckline is broken.Supports at 5368-5321.Stochastics in extreme oversold zone calling for a pullback.
Half Hourly Chart
Half Hourly Charts show support at 5330-5303 and resistance at 5387-5415 and very strong resistance at 5440-5450 which should be crossed for any upward move to gain momentum.
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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