Daily Chart
An outside day pattern occured taking support at the 61.8% retracement level of rise from 10340 to 11451.Outside days are one day reversals and in this case,occuring at support, could be signalling a pullback to the fall. Resistance should come at 200dema-10986, 50 dema-11049.Fibonacci resistances at 10925-11026-11105-11186.
Supports at 10340-10018.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment