Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, August 4, 2011

Reigning The Bank Nifty 4th August 2011

 Daily Chart

Gap down once again and no effort to close it.This is bearish. The 50 and 200 dema closing in once again for the death cross.The neckline now has support at 10467.Till 11065 is crossed it can be safely assumed that the right shoulder will be completed and violate the neckline.

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Happy Trading !!
Lakshmi Ramachandran

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