Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Tuesday, September 27, 2011

Reigning The Nifty 27th September 2011

 Daily Chart

The Nifty broke the short term uptrendline intraday but recovered by end of day to close above it. Support now at 4838 - 4764 - 4720. Resistance at 4932-4969-5013.

Half Hourly Chart

Nifty broke out from the bullish wedge shown yesterday but failed to scare away the bears.The last hour of trading has formed a evening star pattern and broke out of a diamond pattern.This indicates more fall unless the diamond proves to be a bullish continuation pattern.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: