Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, October 31, 2011

Reigning The Nifty 31st October 2011

 Weekly Chart

Broken out of the congestion of the last 3 months.The strong resistance of the downtrendline is at 5445.

Daily Chart

The huge gap up of 120 points needs to be held for the bullishness to contiue.The downtrendline which has been strong resistance for almost a year has resistance around the 5415 levels.If crossed the target of 5600 will be reached easily.

Half Hourly Chart

The half hourly chart shows an island reversal which is very bullish.

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Happy Trading !!
Lakshmi Ramachandran

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