Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, July 15, 2011

Midday Nifty

 Half Hourly Chart

 Chart II


Confirmation of a lower low at 5653 in case breaks 5497. .Needs to break the stalemate between 5653-5497 to give a short term direction.Chart I shows breakdown from trendline drawn from 5497.The bias too is negative today. Break of 5497 seems more likely.

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Happy Trading !!
Lakshmi Ramachandran

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