Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, December 12, 2011

Reigning The Bank Nifty 13th December 2011

 Daily Chart

The big bearish candle after  a doji confirms the downtrend is not willing to reverse. Weak oscillators support the continuation of the downtrend.

The second chart shows a bearish head and shoulder pattern which if broken could give a down move of 1663 points. Neckline support at 8115.

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Happy Trading !!
Lakshmi Ramachandran

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