Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, July 4, 2011

Midday Nifty

 Half Hourly Chart

Forming a larger coil which is a pennant, a continuation pattern.The correction of the rise therefore seems to be sideways.However,the gap up rise with a slow correction into the day since last two trading sessions shows waning momentum.

Till 5944 is crossed decisively cautious on longs.


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Happy Trading !!
Lakshmi Ramachandran

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