Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, December 19, 2011

Reigning The Nifty 20th December 2011

 Daily Chart

 A hammer at trendline support on the daily chart.This is a bullish reversal pattern.The positive divergences and the oversold status of the stochastics support the possibility. Confirmation of  it's bullishness is  required with an upside  follow through today else we get the downside targets.

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Happy Trading !!
Lakshmi Ramachandran

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