Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, September 20, 2011

Reigning The Bank Nifty 20th September 2011

Daily Chart

A gap down open from which the bulls never recovered. An island reversal has been formed  where there is a gap on both sides of the candle. Island reversals frequently show up after a trending move is in its final stages.This is bearish .The gap is shown below in red.

Island Reversal

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Happy Trading !!
Lakshmi Ramachandran

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