Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, July 21, 2011

Reigning The Nifty 21st July 2011

 Daily Chart 

Half Hourly Chart

A bearish engulfing candle breaking and closing below the support line of the rising wedge.The right shoulder construction continues.Indications are bearish .Speed breaks at   5542 -5497-5470-5405.

Bullish trades only after crossing downtrendline from 6338 which is at 5665 and cross of immediate previous high at 5740

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Happy Trading !!
Lakshmi Ramachandran

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