Midday Nifty

Half Hourly Chart

Gap down ! Till the gap remains unfilled the trend remains down. Chart II shows a coil forming breakout from which will give further direction for the day.

 Chart II

Breakout points for the next half hour marked. If fails then the broader points 5512-5475 should be considered.


follow me on twitter http://twitter.com/#!/lucksr

Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com