Daily Chart
Right shoulder formed and breaks neckline setting a target of 3900.Coincides with fibo level 61.8% of entire rall from March 2009 which is around 4000.Refer to my earlier charts for intermediate targets.
Half Hourly Chart
The pennant broke down as per it's nature setting a target of 4600 if the post is calculated from 5433 to 4946.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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