Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, August 18, 2011

Reigning The Bank Nifty 18th August 2011

Daily Chart  

Daily Chart II

Yesterday's bear flag broke down in a hurry and decisively. A new low at 9870 registered and a new  closing low below the 10000 mark shows weakness persists. The head and shoulder target of 8700 seems achievable.Fibo levels which may give support marked on chart I.

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Happy Trading !!
Lakshmi Ramachandran

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