Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, November 4, 2011

Reigning The Nifty 4th November 2011

 Daily Chart

The crucial support of 5202 was held which is positive.Bias however continued to be negative with a lower high and lower low. The fact that the bulls could not take advantage of the breakout of the three month stalemate shows there is no commitment.

Resistance at 5300-5310-5335-5360-5399.  Support at 5202-5155-5120-5085.

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Happy Trading !!
Lakshmi Ramachandran

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