Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, September 22, 2011

Reigning The Bank Nifty 22nd September 2011

 Daily Chart

A broadening pattern is forming which is bearish.Today's move did not have enough momentum to push past the previous high of 9972. If crosses past 9972 and the 50 dema resistance of 10056 then upward momentum may increase to test the resistance line of the broadening pattern.Supports marked on the charts.

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Happy Trading !!
Lakshmi Ramachandran

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