Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Thursday, September 8, 2011

Reigning The Nifty 8th September 2011

 Daily Chart

Positive day with a gapup opening as indicated by yesterday's outside day pattern. The 5195-5217-5230
area will be stiff resistance where the Nifty has a cluster of resistances. If crossed the Nifty could target 5294.

Half Hourly Chart

The half hourly chart shows a consolidation within a flag from which  Nifty broke out to set a target of 5344.Refer chart posted today on discussion forum

Resistance at  5154-5195-5230  Support at 5104-5075-5050

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: