Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, October 5, 2011

Reigning The Nifty 5th October 2011

 Daily Chart

Falling wedge 

Taken support at the red trendline on a closing basis.Also 4720 still held. Holding 4720 would make a potential double bottom. The falling wedge raises hopes of a recovery soon.

Support at 4720-4670  Resistance at 4870-4965 

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Happy Trading !!
Lakshmi Ramachandran

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