Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Friday, July 15, 2011

Reigning The Nifty 15th July 2011

 Daily Chart

Half Hourly Chart

The Nifty closed the gap intraday but succumbed to bear pressure closing below the upper end of the gap of 5602. The target of 5660 was almost achieved with a high of 5653. This level needs to be crossed for further bullishness else expect a resumption of the fall.A fall below 5497 will accelerate the fall.

Resistance at 5653-5682-5740. Support at 5553-5541-5497.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: