Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, August 31, 2011

S&P 500 31st August 2011

 Daily Chart

Bears strongly defended the fence at the bear flag resistance line. The candle shows indecision which is another point in favour of the bears.The higher high registered yesterday goes in favour of the bulls who may try to rally till the 200 dema at 1257.

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Happy Trading !!
Lakshmi Ramachandran

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