Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, January 24, 2012

Reigning The Bank Nifty 24th January 2012

 Daily Chart

 A shooting star was formed at 200 dema resistance.Appearing after a good rise this candle is ominous and could be indicating a reversal.With the oscillators in the overbought region bulls could be really vulnerable and may give in to the bears easily.Caution on longs.

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Happy Trading !!
Lakshmi Ramachandran

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