Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, July 11, 2011

Importance of 5605



 Half Hourly Chart




As pointed out earlier in my post on 7th July,  the 5605 levels is the trend decider ( http://4.bp.blogspot.com/-7KZxe526m8g/ThRCM37ngCI/AAAAAAAAEgc/_Yo-w4pRE-E/s1600/dly2.png ). The 23.6% fibo level of recent rise also falls areound that level at 5612. Recent consolidation too taken place at that level as seen on the chart above.

Stops just a little below this level will be prudent



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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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