Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, October 12, 2011

Reigning The Nifty 12th October 2011

 Daily Chart

The breakout above the downtrendline  from July highs on open could not sustain.The 50 dema is at 5063 and the earlier high at 5169 which proved resistance earlier needs to be crossed decisively for the rally to continue.

Supports at 4923-4882-4854.

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Happy Trading !!
Lakshmi Ramachandran

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